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Europe Daily Bulletin No. 12472

23 April 2020
Contents Publication in full By article 25 / 33
COUNCIL OF EUROPE / Council of europe
Council of Europe Development Bank approves €300 million in loans for Prague and Rome to combat COVID-19
Strasbourg, 22/04/2020 (Agence Europe)

The Council of Europe Development Bank (CEB) has approved two loans of € 300 million, one for the Czech Republic and the other for Italy.

The first will support the Czech government in "furthering its efforts to mitigate the spread and impact of COVID-19 by covering 90% of the total cost required in the immediate term", namely the acquisition of medical material and equipment, including tests, ventilators, and respirators as well as protective equipment for frontline staff. The loan may...

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