Brussels – EU Commission grants €404 million to Greece and Slovenia for recovery from the 2023 floods and Cyclone Daniel damages.
The European Commission on 10 Dec 2024 delivered more than €404 million to Greece and Slovenia to assist them in repairing, recovering, and rebuilding following the devastating climate catastrophes that struck these nations in 2023. The funds will be paid from the European Union Solidarity Fund (EUSF).
How much funding did EU allocate to recovery efforts?
As reported by the EU Commission, €328 million has been paid in European Union Solidarity Fund support to Slovenia to assist the nation rebound from the floods that appeared in August and September of 2023. Moreover, an extra €76 million was paid to Greece to reduce the economic obligation of reconstruction measures after the impairment induced by Cyclone ‘Daniel’ in 2023.
The EU Commission stated that current payments are a part of two European Union Solidarity Fund advance payments that were already transferred to Greece and Slovenia to assist them in beginning recovery procedures. Thus, the total payment of EUSF aid given to Slovenia and Greece collectively amounts to about €529 million.
The transfer of EUSF payments has proceeded on applications offered by qualified nations. In August 2023, Slovenia underwent extreme flooding induced by extreme rainfall, which influenced nearly two-thirds of the nation. The Drava, Sava and Mura rivers overflowed their pools, with critical infrastructure including highways and power supplies impaired, as well as many houses and public facilities. The flooding started landslides and led to substantial economic upsets.
Greece in September 2023, was hit by the powerful cyclone ‘Daniel’, which destroyed large parts of Greece, especially in the areas of Thessaly and Central Greece. The cyclone was the most lethal Mediterranean tropical-like cyclone in registered history and led to the widespread devastation of houses.
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