EU to provide EUR 10.9mn aid to Czech Republic to cover flood damage.

By bne IntelliNews March 24, 2011
The European Commissioner for Regional Policy, Johannes Hahn, has confirmed the commission's proposal to allocate EUR 10.9mn in support to the Czech Republic to cover damages from floods that hit part of the country in August 2010, the EU website europa.eu informed. The grant will be made available through the European Union Solidarity Fund (EUSF) and will contribute towards the costs borne by public authorities in response to the emergency. The aid will be used for compensating the government expenditures in infrastructure restoration, temporary accommodation and rescue services, preventive infrastructure and protection of cultural heritage, as well as cleaning up of disaster stricken zones, but not for providing compensation for damage to private property. The agricultural and regional development ministries have earlier estimated that the damages caused by the floods in Ustecky and Liberecky regions in northern Bohemia in August 2010 cost CZK 10bn.
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