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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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On June 2, Russia carried out its largest ballistic and hypersonic missile attack of the year. On June 15, it nearly surpassed that record. The attacks point to a disturbing change in tactics: The Kremlin may be refining a new model of strikes on Ukrainian cities, relying on concentrated salvos of ballistic and hypersonic missiles to inflict maximum damage as Ukraine faces a growing shortage of Patriot interceptors. The two mass strikes in June followed a similar pattern. Russia launched more

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