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News » International » Italian schools get additional €530m of funding » published 23 Nov 2016

Italian schools get additional €530m of funding

The European Investment Bank (EIB) has announced a 50% increase in its funding for the Italian government's programme to modernise schools and improve safety.

In addition to the €940m (£777m) already allocated last year, a further €530m will be provided under a memorandum of understanding signed in Rome yesterday. The memorandum was signed on the first National School Safety Day, mandated by the ‘Buona Scuola’ – ‘Good School’ law.

The loan will cover restructuring operations, compliance with safety and seismic standards, energy efficiency and the construction of new school buildings.  

 

MPU

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This article was published on 23 Nov 2016 (last updated on 23 Nov 2016).

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