DISASTER FUND
March 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Commission has asked European Union (EU) ministers to authorise payments of Euro 21.9 million from the EU Solidarity Fund to compensate victims of floods and forest fires in France, Spain and Malta. The fund was set up in 2002 to help Member States cope with exceptionally savage natural disasters. As a result, the Commission wants to withdraw Euro 19.6 million to help repair flood damage caused to homes, businesses and utilities in France's southern Rhône river valley last December. It has also asked for Euro 1.3 million to be spent ...
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