EU Solidarity Fund Mobilization for Natural Disaster Relief

Summary

The European Parliament approved an amendment to the 2017 budget to release over 71 million euros from the EU Solidarity Fund to help the UK, Cyprus, and Portugal recover from natural disasters.
10 24.05.2017
Other
budget
public finance and budget policy

Key points

  • The European Parliament has approved an amendment to the 2017 Union budget.
  • A total of over 71 million euros will be released through the EU Solidarity Fund.
  • Financial aid is designated for flood recovery in the United Kingdom following events in late 2015 and early 2016.
  • Support is provided to Cyprus to address the impact of droughts and fires between late 2015 and mid-2016.
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