Catherine Ashton discussed a potential role for the European Bank for Reconstruction and Development in the stabilization of Egypt during a recent op-ed in the Financial Times.

The Country Assessment from the ERBD's 2010 Transition Report, regarding Turkey, was interesting:

In 2009 a total of 106 privatisation deals were completed, including 52 small-scale hydropower plants, electricity distribution companies in 13 regions and infrastructure. Tenders were announced or completed for another eight distribution companies between November 2009 and August 2010. Privatisation also progressed in the transport sector, with two ports sold this year: Samsun and Bandirma. Further sales of state-owned ports, toll motorways and bridges are envisaged in the privatisation portfolio for 2010-11. In total, privatisation revenues amounted to US$ 2.3 billion in 2009 (0.4 per cent of GDP compared with a target of 0.5 per cent) and US$ 941 million for the period of January to July 2010 (the target for a year as a whole is 1.0 per cent of GDP). Foreign direct investment (FDI) inflows in 2009, which contracted by more than half compared with the previous year, were mainly directed at the electricity, gas and water supply sectors, in line with the government’s 2009-10 privatisation programme.

Efforts are under way to diversify Turkey’s energy sources. In May 2010 the government signed an agreement with Russia, estimated at US$ 20 billion, for a Russian firm to build and own a majority stake in Turkey’s first nuclear power plant. Another agreement valued at US$ 1 billion was signed with Iran to construct a new gas export pipeline from Iran via Turkey to Europe, with construction expected to take three years. Lastly, important progress has been made on the Nabucco pipeline, with a memorandum of understanding signed by Turkey and Azerbaijan in June 2010 to develop trade in natural gas.