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Council of Europe Bank loan to Nuremberg for education and refugee integration

On 19 December 2018, in Nuremberg, Germany, the Governor of the Council of Europe Development Bank (CEB), Dr Rolf Wenzel, and the Special Representative of the Secretary General on migration and refugees, Ambassador Tomáš Boček, took part in a signing ceremony between the CEB and the city of Nuremberg of a financial agreement aimed at supporting the City’s education investment programme and the effective integration of refugee and migrant families through education. The CEB contribution consists of a loan of 80 million euros to finance the construction and renovation of schools and early childhood care facilities, including investments in IT and digitalisation and a grant of 600 000 euros for a project to support the identification of immigrants’ own potential as well as their learning and qualification needs. At least fifty different institutions, including schools are expected to benefit from the CEB funds.

CEB
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