The European Bank for Reconstruction and Development plans to invest at least 1.5 billion euros ($1.56 billion) this year to support Ukraine's economy and businesses during wartime, the EBRD's chief told Reuters on Thursday, APA reports.
EBRD President Odile Renaud-Basso said the bank would keep its focus on Ukraine's private sector, particularly energy after repeated Russian attacks on the national grid, as well as national and municipal infrastructure.
"Our plan is to continue with this level of investment. At a minimum, we aim for 1.5 billion euros of investment but if we can do more..., we will do it," Renaud-Basso said in the interview during a visit to Kyiv.
She said the bank's operations were demand-driven and it was prepared to increase its investments to about 3 billion euros a year in Ukraine once the war was over.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
