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EU Solidarity Fund assistance for Italy's earthquake recovery

Summary

The European Parliament approves the mobilization of the EU Solidarity Fund to provide over 1.1 billion euros in aid to Italy following devastating earthquakes in 2016 and 2017.
10 23.09.2017
Other
economy
finance
public administration
public finance and budget policy

Key points

  • The European Union is providing financial assistance to Italy following devastating earthquakes in 2016 and 2017.
  • The total amount of aid to be provided is approximately 1.19 billion euros.
  • This mobilization represents the single highest use of the EU Solidarity Fund in history.
  • There is a call to increase the maximum threshold for advance payments to better handle future major natural disasters.
Documents (PDFs)
REPORT on the proposal for a decision of the European Parliament and of the Council on the mobilisation of the European Union Solidarity Fund to provide assistance to Italy Mobilisation of the European Union Solidarity Fund to provide assistance to Italy
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