European Bank for Reconstruction and Development to invest 1 bln EUR to Ukraine annually in few years
The European Bank for Reconstruction and Development (EBRD) confirmed its readiness to invest nearly 1 bln EUR to Ukraine annually in few years. The Bank significantly increased its investments from the level of 550 mln EUR to 750 mln EUR, previously required in 2014. The reporting increase comes in the context of the international community reaction, including the announced agreement between Ukraine and the International Monetary Fund on the macroeconomic stabilization program.
Generally, the investment portfolio of the EBRD to Ukraine will total nearly 4.7 bln EUR.