A bank founded under sponsorship of the European Community in 1990, to provide loans to East European countries (Bulgaria, the Czech and Slovak Federative Republic, Hungary, Poland, Romania, the Soviet Union, and Yugoslavia) to establish independent, market-driven economies and democratic political institutions. Some fifty-eight countries were shar... Found on http://soviethistory.msu.edu/glossary/
European Bank for Reconstruction and Development. London-based development bank set up to assist the countries of eastern and central Europe return to market economies. Found on https://www.encyclo.co.uk/local/21466