Current:Home > FinanceEuropean Union to rush more than $2 billion to disaster-hit Greece, using untapped funds -Wealth Pursuit Network
European Union to rush more than $2 billion to disaster-hit Greece, using untapped funds
View
Date:2025-04-13 05:47:43
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! (6)
Related
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Pippa Middleton Makes Rare Public Appearance at King Charles III and Queen Camilla’s Coronation
- Today’s Climate: June 18, 2010
- Katy Perry Upgrades Her California Gurl Style at King Charles III’s Coronation
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Katie Couric says she's been treated for breast cancer
- Unique Hazards of Tar Sands Oil Spills Confirmed by National Academies of Sciences
- Today’s Climate: June 9, 2010
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- 2015: The Year the Environmental Movement Knocked Out Keystone XL
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Real Housewives Star Lisa Barlow’s Mother's Day Amazon Picks Will Make Mom Feel Baby Gorgeous
- Earthquakes at Wastewater Injection Site Give Oklahomans Jolt into New Year
- Why King Charles III Didn’t Sing British National Anthem During His Coronation
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Why your bad boss will probably lose the remote-work wars
- Polar Ice Is Disappearing, Setting Off Climate Alarms
- 2015: The Year the Environmental Movement Knocked Out Keystone XL
Recommendation
Tom Holland's New Venture Revealed
Calif. Lawmakers Rush to Address Methane Leak’s Dangers
Obama Administration Halts New Coal Leases, Gives Climate Policy a Boost
Joe Biden says the COVID-19 pandemic is over. This is what the data tells us
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
The Heartbreak And Cost Of Losing A Baby In America
The heartbreak and cost of losing a baby in America
House Oversight chairman to move ahead with contempt of Congress proceedings against FBI director