MOSCOW, December 18 (RIA Novosti) - The European Bank for Reconstruction and Development will invest more than 2 billion euros ($2.6 billion) in Russia's economy in 2007, the bank's president said Monday.
Jean Lemierre said investment in 2006 stood at 1.8 billion euros ($2.35 billion).
He also said EBRD intends to invest about 400 million euros ($520 million) in Russian companies during 2007, about the same level as this year.
Next year, the bank plans to directly invest in the capital of certain Russian banks, he added.
