CEB approves seven new loans totalling €670 million

CoE/Council of Europe Development Bank (CEB)

The Council of Europe Development Bank (CEB) has approved seven new loans totalling €670 million in support of education and vocational training, environmental protection, health and social care, MSME financing, and the promotion of inclusive and resilient living environments.

"We believe that investing in social infrastructure and people while protecting the environment is crucial for the well-being of all European citizens. The loans approved today reaffirm our continued commitment to resilient and inclusive societies, and ultimately sustainable development, by helping ensure access to essential services," Governor Monticelli commented.

The funds will be used for projects in Cyprus, the Czech Republic, France, Italy, Poland, Romania and Spain.

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