News
Flood: EU mobilises over €1bn in disaster relief
European Union countries agreed on Monday on more than one billion euros (1.1 billion U.S. dollars) in disaster relief to five member-countries struck by major floods in 2023.
The money from the EU Solidarity Fund is to go to Italy, Slovenia, Greece, France and Austria.
The biggest share, with almost 450 million euros and 430 million euros respectively, is foreseen for Italy and Slovenia where extremely intense rainfall caused major damage in 2023.
The announcement is coming days after flooding caused widespread devastation across Central and Eastern Europe in recent days.
The flooding caused devastation from Romania to Poland, with the European Commission pledging 10 billion euros in additional disaster relief.
-
Business6 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business1 week agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business7 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
News4 days agoUK, Canada pledge closer cooperation on trade, defence and AI
-
Business5 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Business5 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Latest1 week agoHamzat meets Pastor Chris Oyakhilome, hails Christ Embassy’s community impact
-
Latest5 days agoCourt sets 7-day window for Atiku to serve Tinubu in 2027 suit


