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EBRD: CESEE Countries Must Improve Legal Security

Published: November 24, 2012; 19:38 · (Vindobona)

The European Bank for Reconstruction and Development underlines that banks need more stable legal systems in Eastern Europe.

EBRD: CESEE Countries Must Improve Legal Security / Picture: © EBRD

EBRD´s CEO Suma Chakrabarti wants CESEE countries to reduce bureaucracy and create legal security. Investors need stable legal systems and the strict implementation of reforms, he says. In some countries, the implementation is not realized fast enough, Chakrabarti stresses. Above all, the Hungarian government does not perform well, he notes. By contrast, Slovenia´s government makes…

This article includes a total of 124 words.

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