financial-assistance
Italy Readies $3 Billion Package to Help Families, Firms Cope With Energy Costs
Norway to Finance Ukrainian Gas Purchases, Naftogaz Says
HeadlinesEU Provides 30 Million Euros for Transdniestria's Gas Supply, Moldova's PM Says
HeadlinesPalestinian Rescue Workers Begin Search for People Under Rubble on Day Two of Ceasefire
EU Allocates 148 Million Euros Humanitarian Aid for Ukraine and Moldova
Date: January 13, 2025
BRUSSELS (Reuters) - The European Union announced on Monday a new humanitarian aid package of 140 million euros ($142.8 million) for Ukraine and a further 8 million euros worth of aid for Moldova. The...
Spain Announces 2.3 Billion Euros in New Aid to Valencia After Floods
Date: November 27, 2024
MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez on Wednesday announced 2.3 billion euros ($2.42 billion) in additional aid to reconstruct Valencia area after the deadliest flash floods in Spain’s modern history. More than 220 people died and five people are still missing after torrential rains on Oct. 29 triggered floods that swept through the...
European Commission: Positive Feedback on Italy’s Latest Payment Request
Date: November 27, 2024
BRUSSELS (Reuters) – The European Commission said on Tuesday it had given a positive, preliminary assessment to Italy’s latest request for aid payments from the European Union, seen as key to boosting the sluggish performance of the euro zone’s third largest economy. “Today, the Commission has endorsed a positive preliminary assessment of Italy’s sixth payment...
EU’s Eib to Override Turkey Lending Ban With Earthquake Aid
Date: March 21, 2023
By Marc Jones LONDON (Reuters) -The European Union’s lending arm, the European Investment Bank, is to temporarily override its near 4-year long ban on financing in Turkey to provide 500 million euros ($540 million) for the country’s post-earthquake rebuilding efforts. The EIB stopped virtually all lending in Turkey after a row over oil and gas...
Turkey Clears Away Rubble From Earthquake, Rescue Efforts Wind Down
Date: February 20, 2023
By Henriette Chacar and Ali Kucukgocmen ANTAKYA, Turkey (Reuters) – Turkey stepped up work to clear away rubble from collapsed buildings on Monday, as rescue work wound down two weeks after major earthquakes killed more than 46,000 people in southern Turkey and northwest Syria. Turkey’s Disaster and Emergency Management Authority (AFAD) said that nearly 13,000...
Britain Boosts Aid for Syria, Turkey After Earthquakes
Date: February 10, 2023
LONDON (Reuters) – Britain is committing additional funding – at least 3 million pounds ($3.65 million) – to support search and rescue operations and emergency relief in Syria after earthquakes in the region, the foreign ministry said on Thursday. “Given the magnitude of the earthquakes and difficulties in accessing affected areas in North West Syria,...