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Ukraine war latest: Sweeping new reforms to terms of service announced in effort to ease manpower crisis

Key developments on June 12: * Ukraine announces landmark military service reforms with record pay raise for infantry * Russian rubber plant, oil refineries struck by Ukrainian drones in latest overnight attack, military confirms * Ukrainian drone maker Skyfall partners with Airbus on defense innovation * Sumy hit by morning artillery bombardment as Russian strikes across Ukraine kill at least 6, injure 52 over past day * 'High probability' of Russian missile launch from Oreshnik site over

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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