Business news from Ukraine

Business news from Ukraine

EBRD negotiates with municipalities in Ukraine’s de-occupied territories and is ready to support them

6 December , 2022  

The European Bank for Reconstruction and Development is negotiating with municipalities in the de-occupied territories and is ready to support them, EBRD President Odile Renaud-Basso said in an interview with Interfax-Ukraine.
“Supporting municipalities is one of the key priorities of the bank’s support in Ukraine. We recently signed a technical cooperation agreement with the city of Mariupol to conduct a loss and needs assessment, which will form the basis of preparations for the reconstruction of the city. We are negotiating with other municipalities, including recently de-occupied territories, and are ready to support them,” she said.
So far, the EBRD is working with a total of 19 municipalities across the country.
“Right now our focus is liquidity financing, but where possible we also continue to support priority investments,” Reno-Basso reported.
The full text of EBRD President Odile Renaud-Basso’s interview with Interfax-Ukraine will be published on the website.

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