Ltotal investment of all these first measures” will exceed the “10.6 billion euros”, announced the President of the Spanish Government during a press conference, following a Council of Ministers.
This first emergency plan includes direct aid as well as tax relief for businesses and individuals, Sánchez said, adding that this aid will benefit 65,000 self-employed workers and around 30,000 businesses.
The head of government also announced a credit line of five billion euros for SMEs, self-employed workers and families, based on a “very similar to what was done during the pandemic” you Covid-19.
The Executive, which officially declared a state of natural disaster in the disaster areas on Tuesday, also committed to taking charge of “100%” urgent expenses incurred by municipalities to help their citizens and clear the streets.
Beyond these emergency measures, Sánchez assured that the government was working on a long-term plan for the region, including a reconstruction plan for the affected areas, but also a transformation plan, deemed “necessary” to adapt the region to the climate emergency.
The human toll from these deadly floods stands at 218 dead, while the search for missing people still continues.
