Ukraine’s economy could grow by 5% next year if hostilities end, EBRD says

European reconstruction bank will help rebuild country if peace is agreed but a lasting end to conflict is needed

The war-torn Ukrainian economy could expand by 5% next year if a ceasefire is agreed, the European Bank for Reconstruction and Development (EBRD) has predicted - but prospects for reconstruction depend on a lasting peace.

The London-based lender has invested $6.2bn (4.9bn) in projects in Ukraine over the course of the three-year conflict.