Valencia: Spain’s Valencia region has requested £31.4 billion ($34 billion) in emergency aid from the central government after devastating floods resulted in the death of 217 people. The request was made on Monday as the region grapples with the aftermath of the natural disaster.
According to Anadolu Agency, the comprehensive aid request includes a wide range of support. It features additional housing assistance of up to £15,000 per household, £7 billion allocated for industrial reconstruction, £2.6 billion for the immediate reconstruction of public infrastructure, and £2.2 billion dedicated to flood prevention infrastructure. This information was shared by the regional government as part of their efforts to address the extensive damage caused by the floods.
Valencia’s president, Carlos Mazon, presented a 136-point recovery plan during an extraordinary Cabinet meeting. As part of this plan, an immediate regional aid package worth £250 million was announced. The recovery strategy includes direct payments of
£6,000 to residents whose homes suffered damage, with disbursements set to begin this week.
In addition to individual aid, local municipalities will receive minimum grants of £200,000 to cover urgent expenses. The regional government has also arranged for tax payment deferrals to assist affected residents. The floods, exacerbated by Storm Dana, have inflicted severe damage, affecting over 20,000 hectares of agricultural land and destroying more than 100,000 vehicles across 50 municipalities. Furthermore, approximately 30% of homes, as well as numerous hospitals, industrial sites, and shopping centers, have been reported damaged.