Press Releases

PRESS RELEASE : President of Ukraine Meets With President of the European Bank for Reconstruction and Development [October 2022]

The press release issued by the President of Ukraine on 21 October 2022.

President of Ukraine Volodymyr Zelenskyy had a meeting with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso.

The Head of State noted that the visit of the EBRD President is an important signal of support for Ukraine.

“Today our cooperation is more relevant than ever, because now due to the large amount of destruction caused by missile strikes and kamikaze drone attacks, we need to work on the rapid recovery of our country,” he said.

The President of Ukraine also thanked the EBRD for its decision to stop cooperation with the Russian Federation and Belarus.

Volodymyr Zelenskyy noted the importance of holding a large number of conferences and meetings devoted to the recovery of our country, in particular the International Expert Conference on Restoration and Reconstruction of Ukraine on October 25 in Berlin.

At the same time, he drew attention to the fact that, in parallel with the discussion of the post-war reconstruction of our country, it is important to work on a fast recovery (Fast Recovery Plan), which also requires urgent attraction of financial resources. First of all, this concerns the energy, infrastructural, educational spheres, as well as the restoration of housing for Ukrainians.

The Head of State thanked the EBRD for the decision on the financial support for NPC Ukrenergo.

Volodymyr Zelenskyy informed Odile Renaud-Basso about the risks for Ukraine in the energy sector due to the terrorist attacks by the Russian Federation. Possibilities of additional lending for the needs of this industry were discussed.

For her part, the President of the EBRD expressed her solidarity with Ukraine and noted that our state demonstrates extraordinary resilience. Odile Renaud-Basso emphasized that the financial institution she chairs will do everything possible to support Ukraine.