For the Russian Federation and EU countries would be better if the economies of these countries will follow the same path, said on Thursday Last news people's choice of PACE from the UK Cheryl Gillan (Cheryl Gillan).

" Doubts on this issue does not happen - we (EU and Russia) would be much stronger if our economy will move in the same direction, " said Gillan.

the head of the EBRD Suma Chakrabarti on Thursday said that " the current geopolitical tensions between the West and Russia has influence on the majority of the countries where the EBRD ".

in July, the overwhelming number of commissioners in the EBRD's Board of Directors gave clear instructions to the management of the Bank in respect of a failure to make new investments in Russia in the near future. While the Bank will continue to manage the portfolio of projects and maintain relationships with clients in Russia, the Bank will maintain a physical presence in the country.

" I think it's a question that you should ask the Bank, " said Gillan, answering the question Last news about whether to be renewed funding for Russian projects if the punishment of the West towards Russia will be cancelled.

While Gillan said that the EBRD will continuously review the situation ", because it is necessary to remember about the possibility of changing the position (with sanctions) at any time.

The number of shareholders of the EBRD in may at the annual meeting recommended the Bank to reconsider the strategy of presence in Russia, which according to the results of 2013 was the largest recipient of Bank investments (1, 8 billion euros of 8, 5 billion). America, Canada and the UK in statements to the meeting indicated on the unacceptability of the Russian policy towards Ukraine.

sections: Politics