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Spain: Sanchez announces new €3.8 billion support measures for flood victims

Floods cause the death of at least 220 people

Newsroom November 11 03:37

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Spanish Prime Minister Pedro Sánchez today announced the approval of a new package of 110 measures to support those affected by the deadly October 29 floods in the Valencia region of Valencia, worth nearly 3.8 billion euros.

The government last week announced a first €10.6 billion aid plan following that disaster that caused the deaths of at least 220 people.

“The government is present, and will be present, with all the necessary means, and as long as necessary (…) we will continue to work to restore normality to the zones affected by this natural disaster,” the head of the socialist government promised at a press conference.

Pedro Sanchez said today that the support measures will be extended to a greater number of people and properties, and that farmers will also receive new aid totalling 200 million euros.

Sanchez compared these measures to state intervention to support the economy during the Covid-19 pandemic.

The first aid package announced last week included support for small and medium-sized enterprises, self-employed people and households who have had deaths, incapacity for work and whose homes or property have been damaged.

Tax relief, a three-month deferral of mortgage and loan repayments and central government spending on the huge clean-up projects local councils are facing were also announced.

Thousands of soldiers, police, gendarmes and emergency services workers are repairing damaged infrastructure, distributing aid and searching for dozens of people who remain missing.

The general outrage, sparked by the authorities’ alleged mismanagement before and after the floods, translated the day before yesterday, Saturday, into mass demonstrations, with the most significant taking place in Valencia, where some 130,000 people took to the streets.

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