looking at how it can help is the european bank for reconstruction and development, known as the ebrd. it was set up to help rebuild central and eastern europe after the fall of communism in russia 30 years ago. so i've come to its headquarters here in london to catch up with its president. 0dile renaud—basso. thank you so much for your time. much appreciated. 0dile, can we start with this — just for viewers around the world and perhaps the uninitiated? can you can you explain what the ebrd does? so the ebrd is a multilateral development bank with the government. as a shareholders, we have more than 70 countries being shareholders of the bank. and we've been created in 1991 following the collapse of the soviet union in order to support the private sector and the transition of communist countries to world market economies. and so we finance projects.