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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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Ukraine's siege of Crimea has been a long time coming. Crimea is under an effective siege as Ukraine has been systematically isolating the occupied peninsula with a multipronged campaign of drone strikes. "Hell is beginning," Ukrainian Defense Minister Mykhailo Fedorov said in a June 17 interview. "Logistics are being cut off. Crimea is being isolated." Ukraine plans to fully isolate the peninsula, cutting it off from Russian supply while destroying critical infrastructure — ultimately allowi

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