EU Approves 100 Million Euro Recovery Grant to Slovenia

The European Commission has approved an advance payment of 100 million euro to Slovenia following the floods earlier this year.

The grant is approved under the European Union Solidarity Fund (EUSF) in order to ease the financial burden of reconstruction efforts after the damage caused by the devastating floods, the European Commission said in a statement.

“The final payment, which will depend on the Commission’s assessment of Slovenia’s application for EUSF support and budgetary availability, will follow in 2024,” the statement said.
The floods that took place in August, were described by Slovenian authorities as the worst flooding disaster in Slovenia’s recent history, affecting almost two-thirds of the country.

(Image: Pixabay)