The FINANCIAL -- Poland and Spain agree on a €25 million emissions trading contract, the first transaction of this kind for Poland under the Kyoto Protocol. Ministers from Poland and Spain, along with representatives of the EBRD and EIB were present for the signature of the agreement facilitated by the EBRD-EIB’s Multilateral Carbon Credit Fund.

The FINANCIAL -- Credit Suisse is pleased to announce that Michael ING elog will join Credit Suisse as Chief Executive Officer of the Nordic Region. Michael will report to Eric Varvel, CEO of the Europe, Middle East and Africa region and joins in January 2010.

The FINANCIAL -- The Western Union Company (NYSE:WU) on November 9 announced the promotion of Hikmet Ersek to chief operating officer effective January 1, 2010. In his new role, Ersek will continue to report to Christina A.

The FINANCIAL -- The EBRD and the state savings bank Sberbank, Russia’s largest bank, on November 9 agreed to join forces to explore ways of helping key sectors of the economy to use energy more efficiently in a country which combines the possession of vast energy reserves with highly intensive use of this finite natural resource.

The FINANCIAL -- A delegation of the EBRD Board of Directors will be visiting Turkey during the period of 9-13 November 2009.