Czech Republic to Receive €2 Billion in EU Flood Recovery Aid

On Thursday afternoon, Czech Prime Minister Petr Fiala met with European Commission President Ursula von der Leyen, along with the prime ministers of Poland and Slovakia, and the Austrian Chancellor, in Wroclaw, Poland.

The leaders discussed financial aid for European countries hit by devastating floods, with the Czech Republic set to receive €2 billion from EU funds.

The meeting, which aimed to address the severe flood damage across Central Europe, was attended by Slovak Prime Minister Robert Fico, Polish Prime Minister Donald Tusk, Austrian Chancellor Karl Nehammer, and von der Leyen. The Prime Minister of Romania had also been invited but was forced to decline due to ongoing flood recovery efforts in his country.

Financial Support Agreed in Wroclaw

“In Wroclaw, we agreed that the EU will release €2 billion (CZK 50 billion) from cohesion funds to assist the Czech Republic,” Fiala announced on the social media platform X (formerly Twitter). In total, Central European countries will receive €10 billion (CZK 250 billion) to help mitigate the aftermath of the floods.

Ursula von der Leyen highlighted the critical need for financial resources to restore the damaged landscapes and infrastructure. She explained that the European Solidarity Fund would be used primarily for rebuilding motorways, railways, and bridges. However, she warned that the fund alone would not be sufficient.

A Second EU Fund for Additional Support

To fill the gap, the EU will launch another fund, which will provide the affected countries with €10 billion to further support the rebuilding of their ravaged regions. Polish Prime Minister Donald Tusk confirmed that these funds will not only focus on infrastructure repair but will also extend to support countries like Romania, which has also been heavily impacted by the floods.

Devastation in the Czech Republic

The Czech Republic has seen flood-related damages amounting to tens of billions of Czech crowns, and according to Prime Minister Fiala, the total could rise to CZK 100 billion.

Fiala also confirmed that on Wednesday, the affected countries had already reached a joint agreement on how to approach the application for EU financial aid.

This coordinated effort by Central European leaders represents a critical step in securing the necessary resources to rebuild infrastructure and restore normalcy to areas devastated by recent floods.

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