The Council of Europe Development Bank (CEB) and Comunidad de Madrid signed an agreement of 200 million euros to support the latter’s response to the COVID-19 pandemic and reinforce the level of medical services provided to its citizens in the context of the ongoing health crisis.

Spain has been hit particularly hard by the pandemic and Comunidad de Madrid, which has a population of almost 7 million inhabitants, accounts for almost one third of all confirmed cases in the country. As a result, its health and social care systems have come under tremendous strain over the past couple of months and there are increased needs in the region for medical facilities, equipment and staff.