- April 4, 2019
- By Daily Star
Farah-Silvana Kanaan-Lebanon needs to implement “painful” and “unpopular” reforms, especially concerning its large debt burden and in the realm of its energy sector, or it runs the risk of losing out on funding and foreign investment, the European Bank for Reconstruction and Development’s vice president Jurgen Rigterink said Monday. “We, as a bank, will be very, very careful to substantially increase our exposure in a country like this without having seen significant reform. That,I can say, is a fact,” Rigterink told The Daily Star in an exclusive interview.
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