The European Investment Bank is also helping to reopen the Hungarian economy

By: Trademagazin editor Date: 2021. 03. 16. 11:19

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The resources provided to Hungary by the European Investment Bank (EIB) serve to protect health, maintain jobs and support investment, ie help to relaunch the economy, Minister of Finance Varga Mihály said in a video message sent to the banking group’s annual press conference in Hungary on Tuesday.

He recalled that last year the EIB expanded the credit line available to the country. The public and private sectors could claim 757 million euros (277.85 billion HUF), he added.
The Minister of Finance mentioned that the funds coming to the public sector were also used by the government to provide equipment to hospitals and to draw on EU funds. (MTI)