Old lessons help EBRD strengthen future prospects

In the wake of the Arab Spring uprisings, the European Bank for Reconstruction and Development (EBRD) made the decision to extend its remit to help those countries transitioning towards democracy. The bank's managing director for the southern and eastern Mediterranean region, Hildegard Gacek, explains how expertise and past experience are now enabling the EBRD to assist Egypt, Morocco, Jordan and Tunisia through a period of great economic and political change.