The Board of Directors of the European Bank for Reconstruction and Development (EBRD) adopted the new strategy for Macedonia which confirms the devotion of the Bank in the further support of Macedonian economy and establishes the priority activities for the next three years. The new strategy stresses the progress achieved in structural reforms of Macedonia and the key challenges for the upcoming period are established. In the course of the next years, EBRD will focus its support on improving Macedonia’s real economy in order to increase the competitiveness, energy efficiency and promotion of export diversification.