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EBRD lends €270 million to Ukraine's Naftogaz to finance emergency gas purchases for next heatings seasons

EBRD President Odile Renaud-Basso and Ukraine's Prime Minister Denys Shmyhal (Photo by the Government of Ukraine)

The European Bank for Reconstruction and Development (EBRD) said it is providing Ukraine's state-owned gas firm, Naftogaz, with a €270 million loan to finance emergency gas purchases for the next two heating seasons.

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