€120 million to Elemental for e-waste recycling in Poland ebrd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ebrd.com Daily Mail and Mail on Sunday newspapers.
In a year heavily marked by the COVID-19 pandemic, the EIB Group confirmed its strong support to the Polish economy, providing
€5.2 billion of overall financing to the country’s public and private sectors. Volumes delivered in 2020 were largely in line with the trend of the previous years, a sign that the country responded swiftly to the pandemic and continued to invest in the future despite the forced downturn.
Loans granted by the European Investment Bank (EIB) amounted to
€4.6 billion, while the European Investment Fund (EIF) provided
€660 million in guarantees and equity investments to small and medium-sized businesses and mid-caps. In absolute terms, Poland was the fifth biggest recipient of EIB Group financing among the 27 EU Member States after Italy, France, Spain and Germany.
Dec 14, 2020
The Polish Development Fund (Polski Fundusz Rozwoju - PFR) issued debt securities with a nominal value of PLN 500 million, which have been fully subscribed by the EIB. The purpose of the issue is to finance the government s PFR Financial Shield programme for micro, small and medium-sized enterprises affected by the coronavirus pandemic.
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