Spanish government rolls out huge rescue package after Valencia disaster
Spanish authorities strengthen support for Valencia flood victims with new multi-billion aid package. The measure adds to last weeks funding aimed at rebuilding areas hit by catastrophic flooding
Pedro Sanchez announced fresh support worth 3‚76 billion euros (which adds-up to previous 10‚6 billion package from last week) for Valenciaʼs recovery efforts
The funding targets areas devastated by last years deadly floods which killed more than 220 people in Valenciaʼs southern suburbs; the worst flooding event in modern Spanish history. The disaster struck when heavy rain caused massive flash-floods about a year ago
The new aid package includes several key-points:
- 500 million for mud clean-up operations
- 200 million to help local farmers
- Extended mortgage help for struggling families
- 150 housing units near affected zones
- 25 million for new house purchases
There are still streets to be cleaned‚ garages to be drained and many lives homes and businesses to be restored to normal
The governments quick-response shows its commitment to help flood victims — the comprehensive package targets both immediate clean-up needs and long-term recovery. The support extends rental assistance and adds another year of mortgage relief for people who cant pay their loans‚ building upon measures announced just days ago
The reconstruction efforts focus on fixing damaged infrastructure repairing homes and helping local businesses get back on their feet (with special attention to farming communities that lost their crops)
