Current:Home > StocksEuropean Union to rush more than $2 billion to disaster-hit Greece, using untapped funds-DB Wealth Institute B2 Expert Reviews
European Union to rush more than $2 billion to disaster-hit Greece, using untapped funds
View Date:2024-12-24 01:58:59
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! (6943)
Related
- Tom Brady Admits He Screwed Up as a Dad to Kids With Bridget Moynahan and Gisele Bündchen
- New clashes erupt between the Malian military and separatist rebels as a security crisis deepens
- Chicago Bears trade disgruntled wide receiver Chase Claypool to Miami Dolphins
- 3 indicted in overdose death of 1-year-old at 'fentanyl mill' Bronx day care
- Stressing over Election Day? Try these apps and tools to calm your nerves
- How kids are making sense of climate change and extreme weather
- EU Mediterranean ministers call for more migrant repatriations and increased resources
- Caretaker of Dominican cemetery where bodies of six newborns were found turns himself in
- Bill on school bathroom use by transgender students clears Ohio Legislature, heads to governor
- Anti-vaxxer Aaron Rodgers makes a fool of himself mocking Travis Kelce as 'Mr. Pfizer'
Ranking
- NFL MVP rankings: Does Steelers QB Russell Wilson deserve any consideration?
- Powerball dreams: What can $1.4 billion buy me? Jeff Bezos' yacht, a fighter jet and more.
- Travis Kelce's hometown roots for Taylor Swift, but is more impressed by his 'good heart'
- EU Mediterranean ministers call for more migrant repatriations and increased resources
- GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
- Strong earthquake and several aftershocks reported in western Afghanistan
- Videos show Ecuador police seize nearly 14 tons of drugs destined for U.S., Central America and Europe
- Texas vs. Oklahoma live updates: Everything you need to know about Red River Rivalry
Recommendation
-
Bluesky has added 1 million users since the US election as people seek alternatives to X
-
Officials search for answers in fatal shooting of Black Alabama homeowner by police
-
Travis Kelce's hometown roots for Taylor Swift, but is more impressed by his 'good heart'
-
Doctor pleads not guilty to charges he sexually assaulted women he met on dating apps
-
Kelly Rowland and Nelly Reunite for Iconic Performance of Dilemma 2 Decades Later
-
Wildlife photographers' funniest photos showcased in global competition: See finalists
-
A Baltic Sea gas pipeline between Finland and Estonia is shut down over a suspected leak
-
U.N. probes deadly Russian strike on village with Ukraine 100% worried about wavering U.S. support