EBRD brings strong support for Kyiv to Ukraine Recovery Conference
Ukraine, July 7 -- The European Bank for Reconstruction and Development (EBRD), Ukraine's largest institutional investor, goes to the Ukraine Recovery Conference (URC) in Rome this week with a strong package of projects, policy and partnerships to support the country and its reconstruction.With Russia's war against the country now in its fourth year, recent expectations of a ceasefire have faded amidst escalating air attacks on its cities and civilian infrastructure. The longer the war lasts, the higher the costs of reconstruction - already estimated at US$ 524 billion (€446 billion) - will be.The EBRD, which has deployed €7.2 billion in Ukraine in wartime, has pledged unwavering support. Ukraine and its international partners a...
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