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

Rescuers race against time after deadly Venezuela earthquakes

Rescue teams are searching for survivors after two powerful earthquakes struck Venezuela, killing at least 188 people.

Karl Stefanovic exits Nine immediately amid podcast fallout

Nine breakfast show host and Gold Logie winner Karl Stefanovic has agreed to be removed from the network, effective immediately.

Cyprus Community of NSW dancers prepare to shine at Food and Wine Festival

The Cyprus Community of NSW Dance School will take centre stage as the headline cultural attraction at the Cyprus Food and Wine Festival.

From Print to Pixel: The Greek Herald in the Digital Age

Social media, video journalism and digital publishing now sit beside the physical newspaper at The Greek Herald.

Cultural Infusion CEO Peter Mousaferiadis responds to Pauline Hanson’s recent address

Peter Mousaferiadis has urged Australia to address housing and cost-of-living pressures without blaming migrants.

You May Also Like

South Australia’s Cypriot Community marks 61st anniversary of independence

With local delicacies, music and special guests South Australia’s community honoured the 61th anniversary of Cyprus Independence.

Greece launches Europe’s first custom version of GuideGeek travel AI

Travelers heading to Greece now have access to a free AI travel assistant called Pythia, designed to answer all travel related questions.

NSW Coalition promises payroll tax relief and new metro line

New South Wales Opposition Leader Kellie Sloane has outlined the Coalition's election platform in her budget reply speech.