The EU has approved more than one billion euros to mitigate flood damage in several EU countries.

The Council of the European Union on Monday approved a financial contribution of more than one billion euros to Italy, Slovenia, Austria, Greece and France for the costs of recovery after last year's devastating floods. According to the council's announcement in Brussels, the amount will be paid from the EU Solidarity Fund (EUSZA), more than 231.7 million euros in advance.

Of the sum, Italy will receive a contribution of 378.8 million euros in the Emilia-Romagna region in May 2023, as well as another 67.8 million euros for the recovery after the devastating floods in Tuscany last October and November.

An additional 428.8 million euros will go to Slovenia and 5.2 million euros to Austria to alleviate the damage caused by the floods of last August.

Greece was approved by the Council for 101.5 million euros in aid to restore the floods last September, and France will receive 46.7 million euros to restore the damage caused by the devastating floods in the Hauts-de-France region last November.

Since the creation of the Solidarity Fund in 2002, the European Union has mobilized more than 8.6 billion euros to deal with the damage caused by 130 disasters, including 110 natural disasters and 20 health emergencies, in 24 Member States, and has helped non-EU countries such as the United Kingdom, Albania, Montenegro, Serbia and Turkey.

MTI

Cover image: Council of the European Union
Source: Consilium.europa.eu