Current:Home > reviewsEuropean Union to rush more than $2 billion to disaster-hit Greece, using untapped funds -Finovate
European Union to rush more than $2 billion to disaster-hit Greece, using untapped funds
View
Date:2025-04-19 19:32:29
STRASBOURG, France (AP) — The European Union is promising Greece more than 2 billion euros ($2.15 billion) in financial support in the wake of massive summer wildfires and ongoing floods that have caused extensive damage across central Greece.
“Never, ever before has such a vast area been destroyed by wildfires. Then, floods devastated large regions of Greece,” EU Commission President Ursula von der Leyen said at a meeting Tuesday with Greek Prime Minister Kyriakos Mitsotakis.
Von der Leyen said 2.25 billion euros could be made available in the short term, with much of the money coming from unclaimed funds for development and agriculture projects mostly earmarked for Greece.
“We should use unspent cohesion money from the last (funding) period which would otherwise be lost,” she told reporters at the meeting in Strasbourg, France.
Much of the central Greek farming belt remains flooded a week after storms killed at least 15 people, while large sections of the country’s main highway and rail network remain closed.
“I would first and foremost address the gravity of the situation at hand. Greece has over the past month endured two devastating natural disasters of historic proportions,” Mitsotakis said.
“The fire in the region of Evros (near Greece’s border with Turkey) is the largest fire in Europe’s history ... And we’ve had the worst floods in our history. This is probably one of the most powerful storms to ever hit Europe,” he said.
veryGood! (77867)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- A shooting between migrants near the Serbia-Hungary border leaves 3 dead and 1 wounded, report says
- Why the number of sea turtle nests in Florida are exploding, according to experts
- Tammy has redeveloped into a tropical storm over the Atlantic Ocean, forecasters say
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Robert E. Lee statue that prompted deadly protest in Virginia melted down
- Senate energy panel leaders from both parties press for Gulf oil lease sale to go on, despite ruling
- Tentative agreement with Ford is a big win for UAW, experts say
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- How to grow facial hair: Tips from a dermatologist
Ranking
- Trump's 'stop
- How FBoy Island Proved to Be the Real Paradise For Former Bachelorette Katie Thurston
- How the Hunger Games Prequel Costumes Connect to Katniss Everdeen
- 'Golden Bachelor' Episode 5 recap: Gerry Turner, reluctant heartbreaker, picks his final 3
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Andy Cohen Details Weird Interview With Britney Spears During Her Conservatorship
- COVID-19 treatments to enter the market with a hefty price tag
- How Kendall Jenner and Hailey Bieber Toasted to Kylie Jenner's New Fashion Line Khy
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Europe vs. US economies... and a dime heist
Q&A: This scientist developed a soap that could help fight skin cancer. He's 14.
The strike has dimmed the spotlight on the fall’s best performances. Here’s 13 you shouldn’t miss
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
NFL places Kansas City Chiefs receiver Justyn Ross on Commissioner Exempt list
Should my Halloween costume include a fake scar? This activist says no
How law enforcement solved the case of a killer dressed as a clown