December 4, 2022

EBRD board to debate Ukraine’s grid operator emergency

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LONDON — The European Financial institution for Reconstruction and Improvement (EBRD) board will subsequent week talk about an emergency mortgage to offer Ukraine’s grid operator Ukrenergo with liquidity, Matteo Patrone, managing director on the lender, mentioned on Thursday.

Patrone advised Reuters in an interview the mortgage, to be thought-about on Nov. 21, was “within the hundred of tens of millions of euros” and would assist to fund operations and infrastructure.

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