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EBRD suspends access to funding for Russia, Belarus.

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The European Bank for Reconstruction and Development will not provide any new financing for projects or technical cooperation activities in either country. “Furthermore, the Bank avails itself of all rights to suspend or cancel further funding disbursements on existing projects,” the EBRD said.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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According to satellite imagery from NASA FIRMS, the Taman substation in Russia's Krasnodar Krai — a key energy node supplying electricity to Crimea —was damaged in an overnight attack.

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