Greece is expected to receive aid through the EU’s emergency support fund for natural disasters “and more”, Economy Commissioner Paolo Gentiloni said earlier today.
Asked how soon the EU financial aid will arrive, Paolo Gentiloni said that some funds will be available already this year, but in a limited way, but next year the aid will be much more substantial.
Speaking ahead of tomorrow’s meeting between the Greek prime minister and the president of the European Commission, Mr. Gentiloni replied that there is an EU emergency fund to support countries affected by natural disasters (European Solidarity Fund).
As he explained, the member states affected by a natural disaster are required to report the amount of the estimated financial damage within three months. “I am sure that the European Commission will try to support through this emergency support fund, but not only through this, Greece’s efforts to face this new crisis,” said the Economy Commissioner. As he noted, Greece faced fires and floods this summer – “phenomena which unfortunately bear witness to the extreme weather crisis we are facing”.
Meeting in Strasbourg tomorrow
Tomorrow the president of the Commission, Ursula von der Leyen will discuss with the Prime Minister Kyriakos Mitsotakis in Strasbourg the details of the aid to Greece, said the deputy representative of the Commission, Dana Spinad. He added that Athens has not made a specific request for the civil protection mechanism (apart from the “Copernicus” system), but the Greek prime minister made an overall request for European assistance from different resources and tools.
“We are in discussions with the Greek authorities and the Greek Prime Minister wrote to the President at the end of last week, for financial support, any kind of assistance that the Commission could provide to Greece to deal with the impact of the floods” noted Mrs. Spinad and he added: “Tomorrow in Strasbourg, the president will meet with the prime minister of Greece to discuss precisely the details of the aid that the Commission is preparing to support the country.”
Latest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted