The EBRD’s new loans to Ukraine projects will hit €750-850 million this year,

Monday, December 14, 2020
The EBRD’s new loans to Ukraine projects will hit €750-850 million this year,

The EBRD’s new loans to Ukraine projects will hit €750-850 million this year, a ‘big increase’ over the average of the last four years, Matteo Patrone, EBRD managing director for Eastern Europe and the Caucasus, told the UkraineInvest conference Friday. Separately, the European Investment Bank is extending €1 billion in loans to Ukraine, making it the main loan recipient from the Bank in the ‘Eastern Neighborhood’, EU’s designation for 26 nations surrounding the EU.

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