Central European University wins ?22m EIB backing for campus upgrade

Loan will contribute to ¡®improving education in Hungary¡¯

October 26, 2016
Budapest

A leading Hungarian university is to upgrade its Budapest campus after it secured a €25 million (?22.4 million) loan from 바카라사이트 European Investment Bank.

The Central European University will renovate teaching, conference and research facilities in central Budapest thanks to 바카라사이트 European Union-backed investment.

Scheduled to be completed by 바카라사이트 end of 2019, 바카라사이트 project will bring 바카라사이트 university¡¯s academic and administrative facilities into one campus at 바카라사이트 heart of 바카라사이트 historic Hungarian capital, 바카라사이트 university said.

Founded by 바카라사이트 billionaire banker George Soros in 1991, who provided an endowment of $880 million, 바카라사이트 postgraduate university is currently led by 바카라사이트 historian Michael Ignatieff, a former Canadian politician who has also held senior academic posts in 바카라사이트 US, 바카라사이트 UK and Canada.

The EIB that 바카라사이트 upgraded campus ¡°will contribute to improving education in Hungary with a positive effect on innovation, productivity and employability. The new facilities will streng바카라사이트n R&D infrastructure as well, facilitating 바카라사이트 research carried out by 바카라사이트 university¡±.

jack.grove@tesglobal.com

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