EIB Signs for EUR 804 mln in New Financing for Hungary in 2022
The European Investment Bank (EIB) and the European Investment Fund (EIF) signed for EUR 804 million in new financing for priority investments in Hungary last year, the lender said on Monday, according to a report by state news wire MTI.
Three-quarters of the funding for energy, transport, and innovation, as well as SMEs and mid-caps, supported climate action and environmental sustainability, the EIB said.
"Our support for affordable energy-efficient homes, safer and cleaner public transport, and green financing for SMEs and mid-caps is helping Hungary accelerate the transition to a greener and more prosperous future that leaves no one behind," said EIB Vice-President Teresa Czerwinska.
Looking ahead, the EIB Group is "particularly focused" on green investments in the railway sector, infrastructure development, energy, and financing for SMEs and mid-caps, she added.
The EIB noted that its advisory services have helped Hungary attract more than EUR 22 bln in investment in projects in transport, water, health, research, circular economy, and other sectors since 2006.
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