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| Jean Lemierre: president of the EBRD says its fundamental principles are not contradictory. |
After making mistakes early in its life – think marble floors in its London HQ and losses in Russia – the European Bank for Reconstruction and Development has forged a role for itself as one of the most important market participants in the central and eastern European region. It is the largest CEE private-equity investor, is involved in the biggest deals, and is the most active and most prominent multilateral.
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