What is financial assistance?

Financial assistance is support in the form of money or resources provided to individuals or organizations to help them meet their financial needs, often during emergencies or for specific projects.

What is disaster management?

Disaster management involves planning and implementing strategies to prepare for, respond to, and recover from natural disasters, ensuring safety and minimizing economic losses.

What are flash floods?

Flash floods are sudden and intense floods that occur within a short period, often due to heavy rainfall, leading to rapid water rise and potential hazards for communities.

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Home > Finance > Spain announces 2.3 billion euros in new aid to Valencia after floods

Finance

Spain announces 2.3 billion euros in new aid to Valencia after floods

Published by Uma Rajagopal

Posted on November 27, 2024

1 min read

Last updated: January 28, 2026

Spain's Prime Minister Sanchez announces 2.3 billion euros aid for flood recovery - Global Banking & Finance Review — Spanish Prime Minister Pedro Sanchez announces a 2.3 billion euros aid package for Valencia following devastating floods. This funding aims to support recovery and reconstruction efforts in the affected areas.

Spain announces 2.3 billion euros in new aid to Valencia after floods

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