The European Bank for Reconstruction and Development has started revision of its strategy in Ukraine, Cabinet’s press office reports.

The bank aims at stipulating the transition to open market principles, multi-party democracy and market economy. To reach these goals the bank maintains financing of investment projects, especially in the private sector.

The EBRD is the biggest investor of Ukraine. As of late January 2007 the bank invested 2.87 bn. EUR within the framework of over 130 projects in Ukraine.

The EBRD strategy in 2005-2007 provided for promotion of the development of the banking and energy sectors, as well as the development of roads and railroads, marine ports and airports.


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