Andorra officially became the 42nd state to join the Council of Europe Development Bank (CEB).
The Governor of the CEB, Rolf Wenzel, said: “On behalf of everyone at the CEB I extend a warm welcome to Andorra. In the spirit of solidarity which characterises the CEB and its work, all its members are united in their concerted efforts to build a better, stronger Europe. I am delighted that Andorra is joining these efforts as the 42nd member of the CEB.”
The Chairman of the Governing Board of the CEB, Dominique Lamiot, added: “The accession of Andorra to the Bank is excellent news and I am very pleased with it on behalf of all member countries. This confirms the attractiveness and relevance of the CEB, especially in these difficult times. I am convinced that our Bank, with its social mandate and the support of its now 42 member states, will be able to respond effectively to the economic, social and environmental challenges of the coming months and years.”