EconomyLens.com
No Result
View All Result
Sunday, November 8, 2026
  • 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

Spain govt to cover full cost of repairing flood-damaged buildings

Natalie Fisher by Natalie Fisher
January 23, 2025
in Economy
Reading Time: 3 mins read
A A
0
30
SHARES
371
VIEWS
Share on FacebookShare on Twitter

Agents wearing protective jumpsuits take part in cleaning works in a street covered in mud in Paiporta on November 13. ©AFP

Valencia (Spain) (AFP) – Spain’s central government will cover the full cost of rebuilding schools, libraries, and other municipal buildings damaged in last year’s deadly floods, Prime Minister Pedro Sanchez said Thursday. The central government had initially said it would cover 50 percent of the estimated cost of 1.7 billion euros ($1.8 billion). But it will now pay 100 percent, Sanchez said after meeting mayors from the hardest-hit municipalities in the eastern region of Valencia.

Related

‘Feeling guilty’: price hikes a tough sell in Japan despite inflation

Electric auto rickshaws reshape India’s roads

France probes if bomb threats against airlines linked to ‘foreign powers’

Crisis-hit Paraguay impeaches Pena, replaces him with VP Alliana

Paraguayan President Pena impeached over banking crisis

“We are talking about 100 administrative centres, more or less 45 nursery schools, 58 libraries, 55 sports centres, 40 day centres, 16 markets, and many more damaged buildings,” the Socialist prime minister said. “The media spotlight may have shifted to other issues, but as we said from the beginning of this crisis, the government of Spain will not look away from Valencia,” he added.

The central government will also pick up the full 500-million-euro tab to repair the damage done to water treatment, supply, and sanitation infrastructure by the floods, Sanchez said. Sanchez’s government has until now put together aid packages collectively worth 16.6 billion euros in grants and loans to help stricken citizens.

The October 2024 floods caused significant damage in about 80 cities and claimed 232 lives nationwide. Most of the deaths were in Valencia.

© 2024 AFP

Tags: government aidinfrastructurenatural disasters
Share12Tweet8Share2Pin3Send
Previous Post

Ukraine orders children to evacuate from northeastern towns

Next Post

Wall Street’s AI-fuelled rally falters

Natalie Fisher

Natalie Fisher

Related Posts

Economy

Ireland suspects ‘co-ordinated’ campaign as Europe bomb hoaxes widen

November 6, 2026
Economy

More than 400,000 German workers take action for higher pay

November 6, 2026
Economy

Paraguay president’s impeachment trial begins

November 6, 2026
Economy

Turkey eyes energy self-sufficiency by 2040 but no coal exit yet

November 7, 2026
Economy

Paraguay president, facing impeachment, seeks more time to prep defense

November 6, 2026
Economy

US job growth beats expectations in October

November 6, 2026
Next Post

Wall Street's AI-fuelled rally falters

Calls for calm, Pope on AI, Milei on Musk: What happened at Davos Thursday

American Airlines shares fall on lackluster 2025 profit outlook

Trump tells Davos elites: produce in US or pay tariffs

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
  • 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

104

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

‘Feeling guilty’: price hikes a tough sell in Japan despite inflation

November 7, 2026

Electric auto rickshaws reshape India’s roads

November 8, 2026

Airlines bet that more premium offerings will boost profits

November 7, 2026

France probes if bomb threats against airlines linked to ‘foreign powers’

November 7, 2026
From EconomyLens

Clear insights, straight to your inbox.

Get the stories and perspectives shaping the economy.

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.

Your Privacy Choices

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
© 2026 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.