EU Solidarity Fund Assistance for Latvia

Summary

The European Parliament is reviewing a proposal to release funds from the EU Solidarity Fund to help Latvia recover from severe flooding that occurred in 2017.
10 28.11.2018
Other
finance
environment
european union

Key points

  • The proposal aims to provide financial aid to Latvia following severe natural disasters.
  • Total direct damage caused by the 2017 flooding is estimated at approximately 380.5 million euros.
  • The proposed financial assistance amount is approximately 17.7 million euros.
  • The funding will be sourced by reallocating existing budget appropriations from the 2018 financial year.
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.