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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Key developments on June 19: * Kyiv targets Moscow for second day in a row following record drone assault; * Moscow Oil Refinery halts operations after largest-ever drone attack on Russian capital, General Staff says; * US senators propose using frozen Russian assets to support Ukraine's military; * Australia announces $70 million in arms funding for Ukraine through PURL initiative; * Western allies pledge $4 billion in military aid for Ukraine at Ramstein summit. Moscow came under attack

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