EU Commits €10 Billion for Flood Recovery

European Commission President Ursula von der Leyen has pledged €10 billion (approximately $11 billion) from EU funds to assist member nations affected by devastating floods caused by Storm Boris. The death toll has risen to 24, with significant casualties reported in Poland, Romania, Austria, and the Czech Republic. During her visit to Wroclaw, von der Leyen expressed her sorrow over the destruction while also acknowledging the solidarity among the affected communities. The funds will be sourced entirely from the EU's cohesion funds, without requirement for co-financing from member states, addressing the urgent need for recovery. Leaders from Poland, Austria, Slovakia, and the Czech Republic participated in the meeting, with plans to prepare individual reconstruction strategies. This emergency funding aims to support the rebuilding of critical infrastructure in the flood-impacted areas.