18 November 2024 10:25
Today the Council agreed to mobilise the European Union Solidarity Fund to provide assistance to Germany and Italy relating to natural disasters occurred in 2024. The assistance will come from the EU’s 2024 budget.
The amount of €112,071 million will be provided to Germany in relation to floods that occurred in in Southern Germany in May and June 2024.
The amount of €3,959 million will be provided to Italy in relation to floods that occurred on 29 June 2024 in the Autonomous Region of Valle d’Aosta.
Next steps
In practice, once the decision has entered into force, the EU will transfer, in its 2024 budget, money from the European Solidarity Reserve to the so-called EU Solidarity Fund operational budget line, from where it can be paid to the countries that have applied for financial assistance after being struck by natural disasters.
Background
The EU Solidarity Fund is designed to provide financial assistance in the event of a major disaster in a member state or a country holding accession negotiations with the EU.
- Decision of the European Parliament and of the Council on the mobilisation of the European Union Solidarity Fund to provide assistance to Germany and Italy
- How the EU responds to crises and builds resilience (background information)