The European Bank for Reconstruction and Development on May 10 rejected a Russian complaint about the bank’s investment freeze, prompting criticism from Moscow that the development bank was a ‘tool’ of Western foreign policy.
Reuters: EBRD rejects Russian challenge on lending freeze
President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti speaks during his news conference in Tbilisi, on May 15, 2015.