Council of Europe: Development Bank grants record loan to Poland

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The Council of Europe Development Bank (CEB) today lent Poland a € 450 million loan, a “record” for the institution, to help Warsaw take care of people fleeing war. in Ukraine.

“This loan is the most important ever approved by the CEB. It will support the Polish government’s plan to deal with the mass influx of people fleeing the war in Ukraine,” the council said in a statement. of Europe.

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The Strasbourg-based European Observatory for Human Rights explains that the priority of this loan “will be to cover the cost of emergency living allowances, contractual housing allowances and monthly childcare allowances. “.

“Our loan is intended to address the changing needs of the displaced and their host communities, while mobilizing government institutions and civil society,” said CEB Governor Carlo Monticelli.

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According to the United Nations High Commissioner for Refugees (HCR), as of June 21, at least 8 million people had crossed the border into Ukraine without returning since the start of the Russian invasion on February 24.

More than half headed to Poland, where more than 4.1 million arrivals have been recorded. These are mainly women, children and the elderly.

Source: AMPE

Source: Capital

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