Flood-hit Austria to ramp up disaster fund to 1 billion euros
Austria on Wednesday announced a package of measures in response to severe flooding across the country, including a tripling of the federal disaster fund and tax postponements for affected companies.
Austria Boosts Disaster Fund in Wake of Devastating Floods
Austria responded to severe flooding with a series of measures, including tripling the federal disaster fund to 1 billion euros and offering tax postponements and interest-free loans for affected companies.
EU chief announces $11 bn for nations hit by 'heartbreaking' floods
European Commission President Ursula von der Leyen on Thursday announced 10 billion euros ($11 billion) in funds for member nations reeling from "heartbreaking" devastation after the floods caused by Storm Boris.
Austria to ramp up disaster fund to 1 billion euros, chancellor says
Austria's federal disaster fund will more than triple to 1 billion euros ($1.11 billion) and companies severely affected by flooding will be able to postpone tax payments, Chancellor Karl Nehammer said on Wednesday,
Austria Boosts Federal Disaster Fund to €1 Billion
Austria's federal disaster fund will see an increase to €1 billion. Companies heavily impacted by recent floods can defer tax payments, Chancellor Karl Nehammer confirmed following extreme weather. The exchange rate stands at $1 to 0.
Flood Relief: We Know the EU Funds Poland Will Receive. 10 billion to all the countries
Poland will receive 5 billion from the European Union for post-flood reconstruction. This is half of the total amount Brussels plans to allocate to help Poland, the Czech Republic, Austria, and Slovakia.
Austria to increase federal disaster fund to 1 billion euros, chancellor says
Austria's federal disaster fund will increase to 1 billion euros ($1.11 billion) and companies severely affected by flooding will be able to postpone tax payments, Chancellor Karl Nehammer said on Wednesday following extreme weather in the region.
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