The European Bank for reconstruction and development is waiting for reforms in Ukraine.
The European Bank for reconstruction and development plans to invest in Ukraine’s economy about one billion euros in 2016, provided reforms. This told Voice of America office of the President Suma Chakrabarti.
“Overall, we have plans this year to invest nearly one billion – although we have no clearly defined figures, but with reforms”, – said Chakrabarti.
He also recalled that the EBRD has a long Association with Ukraine.
“We had good projects, but the country has not undertaken systemic changes. In early 2013 we decided that so can not continue. But after Maidan, we decided to support the reformers a very high level of investment. Ukraine has become our largest market after Turkey: 1 billion 200 million Euro in 2014 and 1 billion euros in 2015”, – said the head of EBRD.
He also said that he considered the progress of the closure of banks in Ukraine, their consolidation and recapitalization.
The EBRD President also drew attention to the conditions of cooperation of institutions with Ukraine.
“That type of lending that we are trying to do in Ukraine – a loan with a condition of the reform”, – said Chakrabarti.
