CEB and Hungary sign €175 million loan agreement to cover additional COVID-19 medical services

The CEB financing will help Hungary respond to the challenges posed by the COVID-19 pandemic by covering the costs of additional medical and pharmaceutical supplies and specialised equipment, such as medicines, face masks, disinfectants, diagnostic tests, ventilators, and ICU beds. It will also provide for the repatriation of medical staff stranded abroad and for any other measures aimed at improving the capacity of the health sector in Hungary.

Funding agencies: Council of Europe Bank for Development (CEB)

Countries: Hungary

Published: 2020-07-16

Sectors: Health