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Friday, November 22, 2024
CEOWORLD magazine - Latest - Special Reports - EU: $11 Billion Fund for Flood-Hit European Countries

Special Reports

EU: $11 Billion Fund for Flood-Hit European Countries

European Commission President Ursula von der Leyen announced Thursday evening that the European Union (EU) will provide a $11 billion fund to support countries impacted by recent floods. The announcement was made during a meeting in Wroclaw, Poland, attended by Polish Prime Minister Donald Tusk, as well as the prime ministers of the Czech Republic and Slovakia, and the Austrian Chancellor.

At a press conference following the meeting, von der Leyen assured that the EU will offer long-term support for reconstruction efforts in the affected regions, extending help over the coming months and years.

Polish Prime Minister Tusk had earlier declared a state of natural disaster in areas severely affected by flooding and pledged national funds for rescue and rebuilding initiatives. Poland’s southwestern regions, particularly Opole and Lower Silesia, have been hit hardest, with the floods causing significant infrastructure damage, evacuations, and at least seven fatalities.

The Czech Republic, Slovakia, and Austria have also experienced the destructive effects of the floods, though the severity has varied across these neighboring countries.

 

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CEOWORLD magazine - Latest - Special Reports - EU: $11 Billion Fund for Flood-Hit European Countries
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz