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European development bank mired in Moldovan legal drama

By Matei Rosca 18 min

The European Bank for Reconstruction and Development (EBRD) denies using falsified paperwork to help its reposession of the country’s only port, a year ahead of the war in Ukraine. Moldovan prosecutors initiated two criminal investigations around the EBRD’s takevover of Giurgiulești port, but no-one was charged to date. The development bank invested heavily in the port before taking in over and…

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