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Saturday, 03/21/2020 7:58:02 AM

Saturday, March 21, 2020 7:58:02 AM

Post# of 44784
"We are already in contact with companies and organisations seeking to fund the search for Covid-19 vaccines and medication."


In addition, the EIB Group will use existing financial instruments shared with the European Commission, primarily the InnovFin ‘Infectious Disease Finance Facility’, to finance projects that work towards halting the spread of, finding a cure, for and developing a vaccine against coronavirus. The EIB Group will also support emergency measures to finance urgent infrastructure improvements and equipment needs in the health sector, using existing framework loans or undisbursed amounts from existing health projects.

https://sofiaglobe.com/2020/03/16/eib-group-will-rapidly-mobilise-up-to-40bn-euro-to-fight-crisis-caused-by-covid-19/