Recitals
- Recital (1)Pursuant to Article 4(3) of the Agreement establishing the European Bank for Reconstruction and Development (Agreement establishing the…
- Recital (2)Prior to that capital increase, the Union holds 90044 shares, each share having a par value of EUR 10000.
- Recital (3)Pursuant to Resolution No 265, the authorised capital stock of the EBRD is increased by 400000 paid-in shares, and EBRD members can…
- Recital (4)The capital increase is necessary to enable continued activities and investments by the EBRD in Ukraine during Russia’s war of aggression…
- Recital (5)It is appropriate for the Union to subscribe to those additional shares in order to achieve the Union’s objectives in the field of economic…
- Recital (6)In its Resolution No 259 of 18 May 2023 (Resolution No 259), the Board of Governors of the EBRD voted in favour of amendments to the…
- Recital (7)The geographic scope of EBRD operations should be extended in a limited and incremental way to sub-Saharan Africa and Iraq, and should be…
- Recital (8)The representatives of the Union in the governing bodies of the EBRD should encourage the EBRD to continue its close engagement with the…
- Recital (9)In line with the existing practice, before the EBRD approves a new country of operation, it should make a detailed technical assessment of…
- Recital (10)Currently, Article 12(1) of the Agreement establishing the EBRD limits the total amount of outstanding loans, equity investments and…
- Recital (11)Pursuant to Article 56 of the Agreement establishing the EBRD, the Board of Governors of the EBRD has asked all members of the EBRD whether…
- Recital (12)The capital increase and the amendments to the Agreement establishing the EBRD should therefore be approved on behalf of the Union,
2 of this act's 2 annexes have no parsed text here (image-only or non-standard attachments) — see EUR-Lex for those. Text as published in the Official Journal; for the authentic version, see EUR-Lex.
