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European development bank seeks Ukraine loan guarantees: president

Odile Renaud-Basso asks countries to take on risk to support war-torn economy

EBRD President Odile Renaud-Basso says the bank's Asian strategy is to emphasize investment in renewable energy, with a focus on Kazakhstan and other Central Asian countries. (Photo courtesy of ERBD)

LONDON -- The European Bank for Reconstruction and Development is seeking loan guarantees for Ukraine from major EBRD shareholders, including Japan, EBRD President Odile Renaud-Basso said during an exclusive online interview with Nikkei.

The bank is endeavoring to protect the cash flow -- and the very existence -- of Ukrainian companies by asking other governments to accept some amount of risk.

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