The Council of Europe Development Bank (CEB) today gave to Poland loan of 450 million eurosan amount described as a “record” for the institution in order to help Warsaw to take care of people who leave to escape from him war in Ukraine.
“This loan is the most important ever approved by the CEB. It will support the plan of its government Poland “It aims to address the mass influx of people fleeing the war in Ukraine,” the Council of Europe said in a statement.
The human rights watchdog for the European continent, based in Strasbourg, explains, according to the APE-MPE, that the priority of this loan “will be to cover the cost of emergency living allowances, conventional housing allowances and of monthly childcare allowances “.
“Our loan is intended to meet the changing needs of the displaced and their host communities, while mobilizing government institutions and civil society,” said CEB Governor Carlo Monticelli.
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: News Beast

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.