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in Economy

COVID-19 recovery support drives EIB Group investments in Hungary to record high levels

by Editor May 25, 2022, 8:40 pm 2k Views

The European Investment Bank Group invested €767 million in Hungary in 2020, a record high volume in the last five years.
The EIB, a part of the EIB Group, provided €757.5 million; total EIB investments in the country reach €22.8 billion.
The EIF, the other arm of the EIB Group specialised in SME support, provided €9.5 million in guarantees to Hungarian financial institutions.
EFSI is expected to mobilise some €406 million in…