Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

EBRD pledges more support for Ukraine with capital boost

A view shows the Ukrainian capital at dawn during an air raid alert, amid Russia's attack on Ukraine, in Kyiv, Ukraine May 14, 2023. REUTERS/Gleb Garanich

At a meeting in Russia's former Central Asian backyard, the European Bank for Reconstruction and Development on Thursday pledged further support for war-torn Ukraine with plans to increase its capital by 3 billion-5 billion euros.

The emerging markets lender has already earmarked 3 billion euros for Ukraine - which is fighting off a Russian invasion - to be invested in 2022-23, and EBRD President Odile Renaud-Basso told its annual meeting assistance would continue.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.