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EBRD Funds Turkey's Earthquake Recovery
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EBRD allocates 30 million euros to Ronesans Holding in Turkey for earthquake-hit regions' real estate development. A 500 million euro financing pact between Turkey and EBRD further bolsters recovery endeavors.
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How might this financial infusion impact the local economy and job market in the earthquake-affected regions?
In what ways could similar collaborations between financial institutions and governments be extended to other disaster-stricken areas globally?
What strategies could be implemented to ensure the efficient and transparent use of these funds for reconstruction purposes?
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