- 9 Jul 2021 7:43 AM
- Hungary Matters
The ministry noted that the EIB had already approved a 162 million euro loan for Hungary last summer.
Hungary is being given the loan on favourable terms, the ministry said, adding that it will save the budget a significant amount of funds while supporting the country’s pandemic defence efforts.
The government has so far spent up to 1,200 billion forints (EUR 3.37bn) on pandemic response measures and will continue to provide the funding necessary to defend against the virus, it added.