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Ukraine War Set to Boost Appeal of Euro Membership, EBRD Says

Odile Renaud-Basso

Odile Renaud-Basso

Photographer: Hollie Adams/Bloomberg

The war in Ukraine has upended European Union security and, over time, could push more countries to join the euro region, the European Bank of Reconstruction and Development said.

While short-term political considerations will keep anti-euro EU members on their current trajectory for now, longer-term views about the merits of closer cooperation are being tested, according to EBRD President Odile Renaud-Basso.