EBRD does not plan to resume funding for Russian projects in 2017

EBRD has adopted a financial plan that does not include Russia's projects.

The European Bank for Reconstruction and Development (EBRD) does not plan to renew funding for Russian projects in 2017 that has been suspended in 2014, Deputy Finance Minister Sergei Storchak told reporters on Monday.

"No, they do not plan doing it. EBRD has adopted a financial plan that does not include our projects," he said.

First published by TASS.

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