EconomyLens.com
No Result
View All Result
Wednesday, November 12, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

EU chief announces $11 bn for nations hit by ‘heartbreaking’ floods

Emma Reilly by Emma Reilly
September 19, 2024
in Economy
Reading Time: 3 mins read
A A
0
75
SHARES
943
VIEWS
Share on FacebookShare on Twitter

Strong wind and heavy rains struck the region last week, including in Poland. ©AFP

Wroclaw (Poland) (AFP) – European Commission President Ursula von der Leyen on Thursday announced 10 billion euros ($11 billion) in funds for member nations reeling from “heartbreaking” devastation after the floods caused by Storm Boris. The death toll from the storm, which struck central and eastern Europe last week, rose to 24 on Wednesday, and some areas are still under threat from rising waters.

Related

Five things to know about the first G20 held in Africa

Renewables outpace fossil fuels despite US policy shift: IEA

Fanfare as Guinea launches enormous Simandou iron ore mine

UK unemployment jumps to 5% before key govt budget

Ukraine, China’s critical mineral dominance, on agenda as G7 meets

Von der Leyen spoke in the Polish city of Wroclaw alongside the leaders of four countries from the flood-hit region. “It was for me on the one hand heartbreaking to see the destruction and the devastation through the floods,” she told reporters. “But I must also say it was on the other hand heartwarming to see the enormous solidarity between the people in your countries,” she added.

Von der Leyen said the European Union had two sources — cohesion funds and the solidarity fund — that it could use to “help with funding to repair and reconstruct” the damage. “At first sight, 10 billion euros are possible to mobilise from the cohesion funds for the countries that are affected. This is an emergency reaction now,” she added.

Strong wind and heavy rains struck the region last week, killing five people in Austria, seven in Poland, seven in Romania, and five in the Czech Republic. Von der Leyen met in Wroclaw — a city also struck by devastating floods in 1997 — with Polish Prime Minister Donald Tusk, his Czech counterpart Petr Fiala, Slovakia’s Robert Fico, and Austrian Chancellor Karl Nehammer.

© 2024 AFP

Tags: EUfloodssolidarity
Share30Tweet19Share5Pin7Send
Previous Post

Sales of US existing homes slip slightly in August

Next Post

Rate cut could lift consumer spirits before US elections

Emma Reilly

Emma Reilly

Related Posts

Economy

Ukraine, China’s critical mineral dominance, on agenda as G7 meets

November 10, 2025
Economy

Trump threatens air traffic controllers over shutdown absences

November 11, 2025
Economy

Bank of England seeks to ‘build trust’ in stablecoins

November 10, 2025
Economy

Bank of England seeks to ‘build trust’ in stablecoins

November 10, 2025
Economy

China suspends ‘special port fees’ on US vessels for one year

November 10, 2025
Economy

China lifts sanctions on US units of South Korea ship giant Hanwha

November 10, 2025
Next Post

Rate cut could lift consumer spirits before US elections

Cathay Airbus engine fire linked to cleaning: EU regulator

Japan inflation firms to 2.8% ahead of BoJ rate decision

Strike shows challenge to Boeing 'reset' of labor relations

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

German court rules against OpenAI in copyright case

November 12, 2025

Renewables outpace fossil fuels despite US policy shift: IEA

November 12, 2025

Cambodia’s Prince Group denies link to scams after asset seizures

November 11, 2025

Bangladesh’s liquor industry a surprising success

November 12, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.