
Europe News Desk!! Ukrainian President Vladimir Zelensky urged Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), to accelerate the implementation of the bank’s projects in Ukraine. This information was given by the press service of Zelensky. Today, speed is a vitally important element in the event of war and immediate reconstruction, Zelensky said during talks with Renaud-Basso in Kiev, Xinhua news agency reported. Zelensky said, EBRD investment in the private sector and development projects of Ukraine, especially the housing segment, is a priority for Kiev. He thanked the EBRD for supporting Ukraine and implementing important projects during the Russia-Ukraine conflict. The EBRD previously said it committed to providing 3 billion euros (about $3.3 billion) in financing in 2022-2023 to help keep Ukraine’s businesses and economy functioning. Last year, the bank invested 1.7 billion euros ($1.87 billion) in support of Ukraine. In addition, 200 million euros ($220 million) were also raised directly by the bank from partner financial institutions.
–IANS
World News Desk!!
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