Ukraine needs to step up its fight against corruption to improve its deteriorating business climate, the European Bank for Reconstruction and Development said on Tuesday.
The international lender, which invests about $1 billion a year in the former Soviet republic, has been receiving an increasing number of complaints from companies working in Ukraine, EBRD President Suma Chakrabarti said.
Businesses have complained, in particular, about their treatment by tax and customs officials and courts, he told reporters on a visit to the country.
