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Wednesday, June 21, 2017

Solidarity with Italy after earthquakes: 1.2 billion euro of EU funds

Employment, Town planning, Culture - Media, Local development, Humanitarian, Tourism,-,

News Following the earthquakes of 2016 and 2017 in Italy, the Commission proposes to mobilise €1.2 billion under the EU Solidarity Fund, the highest sum ever mobilised in a single instalment.

The EU Solidarity Fund will support reconstruction operations and regenerate economic activity in the affected regions. The money can also be used to cover the costs of emergency services, temporary accommodations and clean-up operation, and of protection measures for cultural heritage sites, in order to relieve the financial burden borne by the Italian authorities at the time.

A first disbursement of aid worth €30 million has already been released in December 2016. The proposed aid now has to be approved by the European Parliament and by the Council.

Source :  Press Room - European Commission


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