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By Alessandra Prentice KIEV (Reuters) - The head of the European Bank for Reconstruction and Development (EBRD) said it plans to invest up to around $1 billion in Ukraine this year, including in the gas sector, provided real reforms are implemented. Kiev has met long-standing requests from the International Monetary Fund and other organizations to raise energy tariffs and prune the crowded banking sector, but has moved slowly on issues such as overhauling debt-laden Naftogaz and cleaning up the judiciary and law enforcement. The EBRD pumped a record $1.2 billion into Ukrainian projects in 2014, but has invested only $100 million so far this year, holding off until it is convinced of progress.
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