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EBRD provides 2 billion euros in aid to countries affected by Ukrainian events
Finance
- 09 March, 2022
- 14:16
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The European Bank for Reconstruction and Development (EBRD) has announced the allocation of 2 billion euros as part of an initial package of assistance to "individuals, companies and countries" affected by the events in Ukraine, Report informs, citing TASS that this is stated in a statement of the financial organization circulated on Wednesday.
It states that the EBRD's activities in Ukraine will focus on four "pillars" including "deferred payment, debt forgiveness and restructuring", "trade finance, including for fuel imports", "emergency liquidity financing" and " urgent support for reforms" by the Ukrainian government.
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