EBRD expects Ukraine investment to stay near 1.5 billion euros a year -president

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By Libby George LONDON (Reuters) - The European Bank of Reconstruction and Development (EBRD) expects to invest a similar amount of money - roughly 1.5 ...

By Libby George LONDON - The European Bank of Reconstruction and Development expects to invest a similar amount of money - roughly 1.5 billion euros per year - inBy Libby George

EBRD President Odile Renaud-Basso said the amount was not set in stone, and could increase, but that there was still a crucial need to support the country following Russia's invasion in 2022, particularly its energy sector and infrastructure. The EBRD is a multilateral lender owned by 71 countries and European Union institutions, with operations in 40 countries from Egypt to Mongolia.

 

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