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The European Bank for Reconstruction and Development (EBRD) is exploring the possibility of increasing support to help Ukraine overcome the critical electricity shortage as the country approaches its third winter during wartime, says the bank’s President, Odile Renaud-Basso. Russian attacks have destroyed 80% of coal-fired power plants and a third of hydroelectric plants, forcing Ukraine to implement widespread power outages for households and businesses. The central bank has reduced borrowing costs three times and downgraded its economic growth forecast, partly due to attacks on energy facili…

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