BEI announces new loan of 300 ME for Portugal

The European Investment Bank (EIB) announced a new loan of 300 million euros to support housing construction and rehabilitation in Portugal, primarily in the private sector. EIB President Nadia Calviño highlighted this initiative during the 50th anniversary celebration of the EIB Group in Portugal. This funding, along with two previous packages aimed at affordable and social housing, will bring the total investment by the EIB in Portugal's housing sector to 3 billion euros over two years.