Valencia DANA Recovery Update: Spain Has Mobilised €16.6 Billion and Paid Out 395,141 Grants
The Spanish government updated its recovery figures for the Valencia DANA floods at midday on October 5: since the floods of October 2024, €16,600 million has been mobilised for the recovery of the affected area, €9,889,151,380 has been deployed, and 395,141 grants and subsidies have been paid to affected households, businesses and municipalities.
According to the official breakdown, the deployed funds comprise €8,177,322,513 in aid and subsidies already paid, €807,842,502 in financing and guarantees, and €903,986,365 in direct actions. The EU Solidarity Fund has approved €946 million for Spain towards this recovery.
For the affected municipalities, the government's Plan EDIL DANA channels €273 million of European funds to 95 local entities for the repair and reconstruction of municipal infrastructure and public services.
The government is also taking forward a recovery plan for L'Albufera natural park, the wetland severely affected by the floods. La Moncloa said recovery work will continue at the planned pace, with the figures updated and published regularly.
(Source: La Moncloa, Office of the President of the Government of Spain)
Source: 西班牙首相府
Published by GSM · USA (original Chinese edition)
Photo: 图：2024-11-02 Voluntaris oferint aigua i entrepans als voluntaris que van de tornada cap a València des dels pobles afectats per la riuada 04.jpg。CC BY-SA 4.0 | Pacopac，Wikimedia Commons。 / Photo: 2024-11-02 Voluntaris oferint aigua i entrepans als voluntaris que van de tornada cap a València des dels pobles afectats per la riuada 04.jpg. CC BY-SA 4.0 | Pacopac, via Wikimedia Commons.
