The European Bank for Reconstruction and Development (EBRD) has announced an initial EUR 2bn resilience package of measures to help citizens, companies and countries affected by the war on Ukraine. The Bank has also pledged to do all it can to help with the country’s reconstruction, once conditions allow.
Funding will be made rapidly available to support Ukrainian companies– for example, with deferred loans, liquidity support, and trade finance. Where possible, businesses will be helped to relocate so their work can continue.