Project: National HDR 2016: How to improve security of vulnerable municipalities in Serbia?12Sep2015
Additional 70 million Euros from the EU for Serbian renewal after 2014 floods
European Union will finance renewal and construction of devastated houses in the aftermath of the 2014 floods with 10 million Euros. This is the first tranche out of the total 70 million allocated for the assistance to Serbia in the next phase. Until now, EU has financed the renewal and construction of more than 1000 houses in floods affected areas.
During his visit to Negotin, the Head of the EU Delegation in Serbia, Michael Davenport, underlined that the EU in Serbia is committed to recovery of floods affected areas but noted that the investment in prevention is equally important. “One Euro invested in the prevention is equal to seven Euros invested in the recovery”, he stated. In future the focus of the EU will be on prevention measures and the empowerment of the Government of Serbia and local self governments.
In this phase the EU support is focused on Eastern Serbia which was heavily affected by the floods last September.
Foto: TANJUG - Marko Đoković
Source: N1