EBRD Says It May Invest €1.5 Billion in Ukraine This Year

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The European Bank for Reconstruction and Development sees its investments in Ukraine for the coming year at €1.5 billion ($1.54 billion) as Russia’s ongoing invasion continues to devastate the country.

“Planning is a difficult thing in Ukraine” and “more is possible if we find the right deals,” Arvid Tuerkner, the EBRD’s managing director for Ukraine and Moldova, said in a zoom interview.