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Reuters
Reuters
Business

EBRD receives donor pledges to ramp up Ukraine investments

EBRD Ukraine Odile RenaudBasso European Bank for Reconstruction and Development Russia
A glow is seen over the city's skyline during a shelling, following Russia's invasion of Ukraine, in Kyiv, Ukraine February 28, 2022. REUTERS/Gleb Garanich

The European Bank for Reconstruction and Development (EBRD) said on Thursday it expected to ramp up investments in Ukraine and surrounding countries after donors indicated pledges of almost 1 billion euros ($1.04 billion).

The lender had said on Tuesday that it would spend 1 billion euros in Ukraine in 2022.

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