World News | Poland Gets a Loan to Help It Look After Ukraine Refugees

Warsaw, Jun 24 (AP) Poland is getting a loan of 450 million euros ($474 million) from a bank linked to a European human rights group to help it cope with the influx of refugees fleeing Russia's invasion of Ukraine.

Poland and the Council of Europe Development Bank signed the loan agreement Friday.

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Some 4.3 million refugees crossed into Poland after Russia invaded Ukraine in February. Poland is providing them with free shelter, social and medical care, education and job opportunities.

Many have moved on to other countries and some have decided to go back home, but an estimated half of the number remain in Poland.

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Prime Minister Mateusz Morawiecki singled out the European Union earlier this month, saying it's decision-making procedures for providing financial support are “sometimes too slow.”

The Council of Europe has 46 member countries, including EU nations, and aims to protect human rights, democracy and the rule of law.

The Paris-based bank was founded in 1956 and finances projects with a social mission. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)