European Parliament approves Euros 104 million for Greece, Spain, France, Portugal

MEPs approved, by an overwhelming majority, on Wednesday, Euros 104.2 million from the EU Solidarity Fund to help out Greece, Spain, France and Portugal recover from natural disasters that befell them in 2017.

The report by MEP Jose Manuel Fernandes was voted with 629 votes for, 21 against and 9 abstentions. The funds are expected to be made available to the four countries immediately.

Greece is expected to receive Euros 1.3 million which will be used to fix homes, businesses and infrastructure destroyed by the earthquakes which hit the island of Lesbos in June 2017.

An amount of Euros 50.6 million will be disbursed to Portugal to help rebuild the region Centro after the devastating fires of June and October 2017, while another Euros 3.2 million will be handed over to Spain to recover from the damage caused from the same fires in the neighbouring region of Galicia.

France is set to receive Euros 49 million for damages caused in September 2017 by hurricanes Irma and Maria in the its overseas regions of Saint Martin and Guadeloupe.

Source: Cyprus News Agency