EBRD reduces its financing to Ukrainian economy

EBRD reduces its financing to Ukrainian economy

24.11.2016 News

The European Bank for Reconstruction and Development (EBRD) expects the means amount reduction which has invested in the Ukrainian economy.

According to “European truth” newspaper, Sergey Guriev,the chief economist of the EBRD, told about it in his interview.
He explained:”Really, our volume of investment this year will have been less than previous as we don’t carry out one large deal. It is about the agreement with Ukrnaftogaz  company for 300 million euros. It is a large sum both for the EBRD in general and to EBRD affiliate in Ukraine.The  International Finance Corporation (World Bank) has performed this operation”.

At the same time, Guriev assured that the EBRD had remained the supporter of market reforms in Ukraine. He added:”In the next years Ukraine will be one of the largest countries where our operations are performed. We will participate in privatisation transactions”.

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