{
Nadia Calvino

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European Investment Bank allocates 900 million euros for flood recovery in Spain

The European Investment Bank has announced a 900-million-euro aid package to support Spain's recovery from devastating flash floods that recently struck the eastern region of Valencia, resulting in at least 217 fatalities. Prime Minister Pedro Sanchez previously pledged 10.6 billion euros to assist flood victims. EIB head Nadia Calvino emphasized the need for resilient rebuilding methods to withstand increasingly severe climate events.
SWI swissinfo.ch
Euro European Investment Bank BANK - EIB Statute ESP Nadia Calvino Pedro Sanchez
Finance & Economy, News Article
19:38 06.11.2024
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