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Europe Daily Bulletin No. 13076

3 December 2022
Contents Publication in full By article 28 / 38
COUNCIL OF EUROPE / Council of europe
Towards a substantial increase in capital of Development Bank, particularly for reconstruction of Ukraine
Strasbourg, 02/12/2022 (Agence Europe)

The Governing Board of the Council of Europe Development Bank (CEB) approved, on Friday 2 December, the 2023-2027 Strategic Framework which includes a substantial capital increase.

Once the process is completed, the CEB’s subscribed capital will increase from €5.48 billion up to €9.73 billion, while the paid-in capital will increase from €0.61 billion up to €1.81 billion.

This decision by the CEB member states is described as “historic” by its Governor, Carlo Monticelli,...

Contents

SECTORAL POLICIES
Russian invasion of Ukraine
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
COUNCIL OF EUROPE
NEWS BRIEFS