The Council of Europe Development Bank Cover Image

Банка за развитие на Съвета на Европа
The Council of Europe Development Bank

Author(s): Dimitar Stoyanov
Subject(s): Politics / Political Sciences, Politics, Law, Constitution, Jurisprudence, EU-Legislation
Published by: Нов български университет
Keywords: Council of Europe Development Bank; Council of Europe; Social Politics; Banking Activity
Summary/Abstract: The present article discusses The Council of Europe Development bank and its function to provide financing on projects aimed at promoting the social and economic situation of various groups of people; in particular migrants and displaced persons. It is pointed out that the bank has been established in order to provide assistance to the homeless and unemployed because of World War II. The article also traces the shift in functions during the 70s and the 80s and its current activity. Nowadays the bank lends money for projects aimed at preserving the environment. Moreover; the article also puts the bank governance to critical discussion.