KIEV, Feb. 23 – The investment made by the European Bank for Reconstruction and Development in Ukraine in 2012 is most likely to be lower than last year, according to EBRD Director for Ukraine Andre Kuusvek.

"Every time we finance we try to attract commercial assets for co-financing. There is no such money now. The capital market is in fact closed for Ukraine," he told reporters at a press conference in Kiev on Thursday.