The COVID-19 pandemic is an unprecedented global health emergency. It is also much more than a health crisis with a tragic human toll because it is likely to have a major social and economic impact across the CEB member countries – some of which are still reeling from more than a decade of austerity. From emergency measures to ramping up resilience, the CEB is striving to support member countries to mitigate the impact of the coronavirus pandemic.
In this section
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Timely. Flexible. Targeted.
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COVID-19: news and stories
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Cities for Recovery
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Interview of Governor Wenzel
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INFO 03/2020
This issue of INFO magazine offers an overview of the Council of Europe Development Bank's response to the COVID-19 pandemic.Discover how the Bank swiftly adapted its loan instruments and approved fast-track support for health expenditures and MSMEs. Read about the EUR 1 billion COVID-19 Response Social Inclusion Bond and the USD 500 million counterpart, designed to mitigate the pandemic's social and economic impacts in member countries.Also, read about measures taken internally and externally to address the crisis; the roles of institutions like the council and the bank, and CEB's support for the health sector in countries hit by the pandemic.Finally, extend a warm welcome to Andorra, the newest member of the Bank.