UKRAINE WANTS MONEY
The European Bank for Reconstruction and Development said on Thursday it was considering granting a $300 million trade finance loan to Ukrainian state energy firm Naftogaz to buy gas on the European market.
Ukraine has sought to cut its reliance on gas from Russia and earlier this month stopped buying Russian supplies altogether due to a long-running pricing dispute.
"The project aims at supporting the policy of the government of Ukraine to make Naftogaz operations financially sustainable ... (and) eliminating the need for budget subsidies," the EBRD said in a statement.
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