Greece to access €2.25 billion EU fund for flood recovery efforts

·

European Commission President Ursula von der Leyen revealed on Tuesday that Greece is poised to unlock up to €2.25 billion from untapped and accelerated cohesion funds, in addition to resources from the European Social Fund Plus and the EU’s Common Agricultural Policy (CAP) fund.

This financial injection aims to facilitate the nation’s recovery from the devastating floods that occurred just last week, reported Ekathimerini.

Expressing her deep concern over the recent catastrophe and its impact on the Greek populace, von der Leyen made her statement during a joint press conference with Greek Prime Minister Kyriakos Mitsotakis, who, accompanied by a ministerial delegation, is currently in Strasbourg engaging with European officials to strategise support initiatives for the country.

“Europe stands in solidarity with the Greek people,” she emphatically affirmed.

Greek Prime Minister Kyriakos Mitsotakis (L) and European Commission President Ursula von der Leyen (R). Photo: The National Herald.

While acknowledging that substantial investments will be essential for reconstruction, von der Leyen underscored the immediate necessity for support and assistance to restore livelihoods. She assured, “We will marshal all available EU resources.”

In a parallel sentiment, European Parliament President Roberta Metsola emphasized, “Greece should not bear this burden alone; this is an issue that demands a collective European response.”

“At this critical juncture, Greeks should witness the finest manifestation of European unity,” Metsola declared during her meeting with Mitsotakis on Tuesday.

Regarding budgetary and resource allocation decisions, Metsola pledged swift action: “Any necessary parliamentary decisions will be expedited. Recognizing the severity of this disaster, which is intertwined with the climate crisis, demands an unparalleled level of efficiency and support.”

Read more: Agricultural hot spot Thessaly faces shortages from floods in Greece

Source: Ekathimerini

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Elfa Moraitakis included among the most powerful people in Western Sydney

Elfa Moraitakis has been named among the most powerful people in Western Sydney in The Daily Telegraph’s list.

Chicago family returns ancient Greek artefacts to Greece

Five ancient Greek artefacts spanning from the 6th century BC to the Roman period have been returned to Greece by a family from Chicago.

Kefalonia beach voted as the second best beach in the world

Fteri Beach has been ranked the second most spectacular beach in the world for 2026 in the annual World’s 50 Beaches list.

Frank Alexopoulos says leaving construction job transformed his approach to fatherhood

Frank Alexopoulos says a call to Lifeline during a difficult period in his life transformed the way he approached fatherhood.

Cyprus records highest prison overcrowding rate in EU

Cyprus has recorded the highest prison overcrowding rate in the European Union, according to new data released by Eurostat.

You May Also Like

Divers spot endangered seahorses in polluted Greek lagoon

Divers have reported a rare sighting of hundreds of endangered seahorses in a polluted lagoon in western Greece.

Pontians from across Australia set to gather in Sydney for cultural celebration

Pontians from across Australia are set to gather in Sydney, Wollongong from March 1st to 3rd for the annual Synapandema event.

Greek Book Fair 2023: A celebration of Greek Australian literature and culture

The Greek Book Fair is a literary event where authors, readers, and book lovers come together to celebrate Greek Australian literature.