KIEV, Jan. 11 – The European Bank for Reconstruction and Development in 2012 cut investment in Ukraine by 8.4% compared to 2011, to EUR 934 million, the Kiev office of the bank reported.

"In 2012, EBRD invested EUR 934 million [$1.2 billion] in the Ukrainian economy under 35 projects," reads the report.

In 2011, the EBRD increased investment in Ukraine by 7.1% compared to 2010, to EUR 1.02 billion.