Having said this, the Congress should expect to witness substantial enthusiasm on the part of the Bush Administration and other G-7 leaders to off-load this emerging financial nightmare from bilateral arrangements onto the shoulders of multilateral financial institutions such as the IMF, the World Bank, the European Bank for Reconstruction and Development (EBRD), the BIS and even the Asian Development Bank.

CENTERFORSECURITYPOLICY: Center for Security Policy | Western Financial Policy Toward The Former USSR: Debt Rescheduling Support For Decentralization Or Recentralization?

This comprehensive analysis of Soviet economic prospects and how the West might best support putative efforts toward systemic reform in the USSR has been jointly conducted by the International Monetary Fund, the World Bank, the Organization for Economic Cooperation and Development and the newly established European Bank for Reconstruction and Development (EBRD).

CENTERFORSECURITYPOLICY: Center for Security Policy | ��Don��t Bother Us With The Facts��: Allies Preempt IMF-Led Study On Soviet Economy

Drawing support from the European Commission, the Union for the Mediterranean, the European Bank for Reconstruction and Development (EBRD), the effort is intended to help fund pilot projects across the region that work towards the Mediterranean Solar Plan adopted in 2008.

FORBES: Europe Works To Preserve Mediterranean Green Promise

His main competition for the IMF post was thought to be Frenchman Jean Lemierre, who is head of the European Bank for Reconstruction and Development (EBRD).

BBC: NEWS | Business | Rato confirmed in IMF's top job

Unfortunately, with the imminent creation of the European Bank for Reconstruction and Development (EBRD), the prospect of large-scale international lending to the Soviet Union is looming.

CENTERFORSECURITYPOLICY: Center Applauds Bush Opposition On Loans To Moscow

On 6 April, AFL-CIO President Lane Kirkland in a letter to Secretary of State James Baker expressed strong opposition to Soviet membership in and borrowing privileges with the European Bank for Reconstruction and Development (EBRD).

CENTERFORSECURITYPOLICY: Center for Security Policy | Center Cheers AFL-CIO Opposition To Soviet Membership In EBRD