EBRD ready to invest at least 5 bln euro in Ukraine by 2020

16:47, 05.03.2014 1 min read

The European Bank for Reconstruction and Development (EBRD) is ready to participate in the international program of financial support for Ukraine, the bank said in a statement.

The bank is prepared to invest at least 5 billion euro in Ukraine by 2020 and could invest more if economic conditions permit.

The EBRD considers that in order to regain the confidence of investors, Ukraine must agree on a macroeconomic stabilization program with the International Monetary Fund (IMF) and deal with corruption. The EBRD said that it would work closely with the authorities in Ukraine.