EU Solidarity Fund Mobilization for Natural Disasters (2014)

Summary

The European Parliament approves an amendment to the 2014 budget to release funds from the EU Solidarity Fund. This money will assist Italy, Greece, Slovenia, and Croatia following severe natural disasters.
10 17.03.2015
Other
budget
finance
european union

Key points

  • Mobilization of the EU Solidarity Fund to provide relief for natural disasters.
  • Allocation of approximately 47 million euros in total funds.
  • Targeted assistance for Italy, Greece, Slovenia, and Croatia following floods, earthquakes, and ice storms.
  • Implementation of a strategy to commit funds in 2014 while shifting the actual payments to the 2015 budget.
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