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EBRD: News

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About EBRD

The European Bank for Reconstruction and Development is a multilateral bank founded in 1991 with headquarters in London. The EBRD supports economic development across Central and Eastern Europe and has invested over €20 billion in Ukraine since 1993, making it the bank's largest country of operations. Since February 2022, the bank has mobilized emergency financing for infrastructure repairs and reconstruction.

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Two large and heavily armed states locked in an existential armed struggle. Hundreds of thousands of casualties. Mass mobilization. Systematic long-range strike campaigns against the enemy's economy and infrastructure. Defense budgets swallowing huge proportions of state spending. All these factors evoke an image of "total war" — the kind of interstate conflict where state, society, and economy are all not only an active part of the war effort but also a target of enemy strikes. Russia's full-

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