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Spain's flood-hit Valencia seeks €31.4B in recovery aid

 Published: 13:22, 5 November 2024

Spain's flood-hit Valencia seeks €31.4B in recovery aid

Spain's Valencia region requested €31.4 billion ($34 billion) in emergency aid from the central government Monday following devastating floods that killed 217 people.

The comprehensive aid request to Madrid includes additional housing support of up to €15,000 per household, €7 billion for industrial reconstruction, €2.6 billion for immediate reconstruction of public infrastructure and €2.2 billion for flood prevention infrastructure, according to information shared by the regional government.

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