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

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

La Trobe University Greek Society hosts their first paniyiri

La Trobe University Greek Society hosted their first paniyiri on Sunday, March 16 where they welcomed La Trobe students and the public.

First Greek Youth Comedy Gala delivers a night of laughter in Sydney

The first-ever Greek Youth Comedy Gala took centre stage at the Canterbury Leagues Club in Belmore, Sydney on Saturday, March 15.

Melbourne bayside suburb to commemorate Imbros and the ANZAC connection

Sunday, March 23 will witness the unveiling of a special plaque in Hampton in recognition of the role of Imbros in the Gallipoli campaign.

Cyprus Community of SA Ladies Auxiliary celebrate IWD with inspirational afternoon tea

The Cyprus Community of South Australia's Ladies Auxiliary hosted a grand celebration for International Women’s Day on Sunday, March 16.

Sydney’s Samians and Kytherians unite over wine and heritage

On Saturday, March 15, at the Samian House in Kingsgrove, Sydney, an important meeting took place between the Samians and Kytherians.

You May Also Like

Greek-Australian Cultural League launches its Literary Competition

The Greek-Australian Cultural League has announced this year’s Literary Competition in Australia's Greek community.

Greeks amongst those re-elected into the Ethnic Communities’ Council of NSW board

The Ethnic Communities’ Council of NSW Board has been elected. Among the newly elected nominees are 20 people of Greek heritage.

Elinor Kasapidis on what to watch out for this tax time

Senior manager of tax policy at CPA Australia, Elinor Kasapidis says there are four key areas the ATO will be scrutinising this tax time.