Romania to receive EUR 1.5 bln financial aid from the EU following severe floods
<p>Romania will receive EUR 1.5 billion from the EU Cohesion Fund to help repair the infrastructure and households destroyed by the recent severe floods, Liberal (PNL) leader Nicolae Ciucă announced.&nbsp;</p>

<p>The amount is part of the EUR 10 billion the European Commission will distribute to the five countries affected by storm Boris.</p>

<p>Ursula von der Leyen announced the financial aid last week during a visit to the western Polish city of Wroclaw, where she met with the prime ministers of Poland, the Czech Republic, Austria, and Slovakia to discuss the funds’ allocation.</p>

<p>“I am here to reassure you that Europe stands by your side. This is a moment of need, of disaster, and we all stand together to overcome the challenge,” the EC president said during the visit.</p>

<p>A massive wave of flooding has hit Central Europe, causing widespread damage from&nbsp;Romania&nbsp;to Poland, killing at least 24 people, and destroying infrastructure in several regions.&nbsp;In Romania, Galați and Vaslui counties have been the most affected by the flooding.&nbsp;</p>

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<p><i>irina.marica@romania-insider.com</i></p>

<p><i>(Photo source: Inquam Photos/George Calin)</i></p>