Hungary

Hungarian respondents recognise the need to adapt their lifestyle due to the effects of climate change, according to the annual Climate Survey commissioned by the European Investment Bank (EIB). Many believe that investing in adaptation now will prevent higher costs in the future.

The European Investment Bank (EIB) is extending a €207 million credit to the City of Zagreb in Croatia for infrastructure upgrades critical for the Croatian capital’s sustainable development.  The financing marks the EIB’s first loan signature with the City of Zagreb. The credit is the initial tranche of a €395 million EIB framework loan to support the city’s development in the next five years.

The EIB’s Investment Survey published today polls more than 13 000 companies globally about the investment climate, focusing on employment, digital transformation, and climate issues. Against a backdrop of modest GDP growth and tight monetary conditions, Hungarian firms were cautiously optimistic about the investment outlook.