Diário de Notícias, 22 February 2010

Billions to rebuild Madeira

Published on 22 February 2010 at 13:19
Diário de Notícias, 22 February 2010

Cover

Communication routes are cut off and destruction is visible everywhere. The torrential rains that killed at least 43 people over the weekend have left Madeira in a state of havoc. To foot the upcoming bill for the reconstruction of the Portuguese island, “the EU is placing no limit on financial aid”, announces Diário de Notícias. The exceptional nature of the disaster already entitles the island to €75 million in emergency aid from the EU Solidarity Fund, though it could well be more, explains the Lisbon daily. "This fund is used in cases of massive damage equivalent to €3 billion or 6% of the GNP of the country concerned. In the event of a regional disaster, there is no such value threshold,” adds MEP Graça Carvalho. Público hopes the reconstruction will establish new town and country planning regulations on the island, where development along the river banks and the desertification of the mountains have aggravated the effects of the rain.

Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic