People are seen cleaning a muddy street in Massanassa, Valencia, Spain, following the devastating floods caused by heavy rainfall last week. REUTERS
Spanish Prime Minister Pedro Sanchez declared an additional 3.76 billion euros ($4.01 billion) in reconstruction measures for the Valencia region, which experienced the deadliest flash floods in modern Spanish history. Over 220 lives were lost when torrential rain on October 29 led to catastrophic flooding in the suburbs south of Valencia's regional capital. These new measures augment the 10.6 billion euros in aid previously announced.
"There are still streets to be cleaned, garages to be drained, and numerous infrastructures to be repaired. Most importantly, many lives, homes, and businesses need to be restored to normal," Sanchez stated during a press briefing after the weekly cabinet meeting. The comprehensive package, encompassing 110 measures, extends support to rental households and includes a 500 million-euro initiative to clear mud from the affected areas, along with 200 million euros in aid for farmers.
Sanchez further announced an additional 12 months of mortgage relief for vulnerable households, on top of the one-year moratorium already in place. Additionally, the government plans to allocate 150 houses or flats in or near the damaged areas to affected families and has earmarked 25 million euros for purchasing homes.
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