Spectator on facebook

Spectator on facebook

Bratislava gets €40 million loan from CEB

The Council of Europe Development Bank (CEB) approved a €40-million loan for Bratislava city to be used for employment projects, CEB chariman Rolf Wenzel informed.

The Council of Europe Development Bank (CEB) approved a €40-million loan for Bratislava city to be used for employment projects, CEB chariman Rolf Wenzel informed.

“This loan is to be directed at the public transport of people commuting daily to Bratislava,” Wenzel said at a press conference on September 9. “In my opinion, not only residents of Bratislava, but particularly people living in suburban districts, will appreciate it,” he noted.

Wenzel did not provide further information on the loan, but stated that the bank had provided the city with a more advantageous rate compared to the interest rates that would have been charged in commercial markets. He noted that the loan is to be provided for a period of 20 years. The press conference was held on the occasion of Wenzel’s first official visit to Slovakia. He met Finance Minister Peter Kažimír, Health Minister Zuzana Zvolenská, top officials of the Labour Ministry and Education Minister Dušan Čaplovič, the SITA newswire wrote.

Wenzel told the TASR newswire that the CEB Bank was established in 1956 and it resides in Paris, with 40 European countries as members. Slovakia joined the CEB in 1998.

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How does Slovakia support innovations?

Companies operating in Slovakia can benefit from state subsidies, EU resources and venture capital funds.

Science in Slovakia is underfunded, lagging behind other European countries.

Slovaks speak the worst English in central Europe

Seven out of ten job applicants in Slovakia claim to speak English.

Illustrative Stock Photo

Journalists should resist the temptation to tweet

There is still a need for old-fashioned news reporters who just get the facts out there, says Pulitzer Prize-winning journalist Ian Johnson.

Ian Johnson

We refuse Fico's attacks against journalists

More than 480 journalists have signed a statement condemning the most recent verbal attacks of the former prime minister against journalists.

Slovak journalists at one of protest rallies organised in response to the murder of journalist Ján Kuciak and his fiancée.