The European Commission is stepping up to support fruit and vegetable and wine producers in Valencia hit hard by last autumn’s unprecedented weather conditions, introducing new flexibilities and cutting red tape to help them recover. The exceptional weather conditions caused damage to crops and production facilities. As a result, some activities for 2025 will no […]
The Commission pays an advance of EUR 100 million to Spain for the recovery after the DANA
The Commission paid on 31 March an advance of EUR 100 million from the EU Solidarity Fund (EUSF) to Spain to help finance its recovery efforts following the October 2024 DANA storm in Valencia. This is the maximum amount allowed under the EUSF as an advance payment. The Commission is currently assessing the formal application […]
Parliament pays homage to the victims of the floods in Spain
President Metsola opened the 13-14 November plenary session in Brussels with a minute of silence for the victims of the flood tragedy in Spain. Following the devastating floods that swept through towns in Valencia and other regions in Spain two weeks ago and have taken at least 223 lives, President Metsola led MEPs in a […]
EU assists Spain in channelling aid following floods
Following Spain’s activation of the EU Civil Protection Mechanism this weekend in response to the devastating floods in the country, France and Portugal immediately mobilised machinery and waste management vehicles to support operations in the affected areas. Other European countries have also offered their assistance and the Commission is in permanent contact with the Spanish […]
European Investment Bank mobilised €900 to back recovery and reconstruction after floods in Spain
On 6th November, the European Investment Bank (EIB) activated financial instruments to back recovery and reconstruction in areas affected by the recent devastating floods in Spain. The EIB is putting together an initial €900 million response package to speed up the rollout of existing initiatives and thereby support the rebuilding of critical infrastructure by regional authorities […]
New images from Copernicus on the impact of the Spain´s cold drop
Extensive destruction and the tragic loss of over 200 lives have resulted from severe flash floods which struck the Community of Valencia, Spain, on 29 October 2024. As of 4 November, recovery operations continue in previously inaccessible areas in the region. The Copernicus Emergency Management Service (CEMS) has been activated (EMSR773) to deliver assessments […]
Valencia kicks off 2024 as new European Green Capital
The Spanish city of Valencia officially starts, today, as the European Green Capital 2024. To celebrate this achievement, over 400 activities and events are foreseen to reach all sectors of the city, from specialised audiences in sustainability, production, and business, to the residents of Valencia. The purpose is to raise awareness of the triple crisis […]
EIB and the region of Valencia sign €50 million loan agreement for FGV to modernise and expand sustainable public rail transport
The European Investment Bank (EIB) and the region of Valencia have signed a €50 million finance contract for Ferrocarrils de la Generalitat Valenciana (FGV), a public company owned by the regional government responsible for operating and managing regional railways, the Valencia metro network and the Alicante tram. The loan is the first tranche of approved financing […]
EIB provides EUR 100 million to Valencia for reconstruction and prevention of storm damage
The agreement will boost both the repair of affected infrastructure and preventive measures to improve the region’s climate resilience It is estimated that the investments will create 1,500 jobs during the implementation phase The European Investment Bank (EIB) will provide EUR 100 million to the Valencia Region for rebuilding infrastructure damaged by the DANA (Isolated […]