News
Project approvals
14 May 2009
Hungary
A project amounting to 95 million euros with the Republic of Hungary to finance two components of the Social Renewal Operational Programme (SROP): “Strengthening social inclusion” and “Preventive healthcare system”. This project focuses on populations living in increasingly disadvantaged social situations and should help them to promote their integration into the labour market. It should also have a positive impact on the medical healthcare system and be effective in fighting poverty.
Ireland
A project amounting to 100 million euros with Housing Finance Agency to help in strengthening social cohesion in Ireland by providing long-term financing for local authorities and co-operative housing bodies so that they can provide mortgage finance to those families, nationwide, that have no access to loans from commercial financial institutions or that have not met local authority requirements in terms of rental schemes.
Poland
A project amounting to 300 million PLN with the City of Szczecin to finance projects budgeted in the City’s long-term investment plan. These projects will include the development of road infrastructure, the construction of educational, cultural and sports centres, as well as the renovation of healthcare centres in order to create better conditions for sustained economic development and better living conditions for the City’s inhabitants.
Poland
A project amounting to 30 million euros with the City of Krakow to finance around 130 individual projects aimed at modernizing local infrastructure such as the development of industrial estates and transportation networks, the construction of socio-cultural and sports centres, in order to create better living conditions for the inhabitants of the City.
Czech Republic
A project amounting to 50 million euros with the Czech-Moravian Guarantee and Development Bank to finance projects in the fields of environmental protection and improvement of municipal infrastructure in 50 Czech municipalities, thus improving the quality of life for many inhabitants.
These projects will focus on the construction and modernization of water distribution and treatment plants, local communications, and other municipal infrastructure such as nurseries, schools, houses for elderly, etc.
Since the beginning of 2009, the Council of Europe Development Bank has approved 14 projects, for a total amount of 1 187 million euros.