Solidarity Fund

The European Commission on Tuesday approved an advance payment of 25.3 million euros to Greece under the European Solidarity Fund (EUSF), "to ease the financial burden of reconstruction efforts" caused by Storm Daniel, a deadly cyclone that hit the country in September 2023.

Prime Minister Ludovic Orban conveyed a message on Saturday on Europe Day, stressing the EU's need for solidarity. "It is 70 years since the then head of French diplomacy, Robert Schuman, read the Declaration that bears his name - a moment whose historical significance for today's European Union is celebrated on May 9 every year as Europe Day.

The Islamic Development Bank (IsDB) and Islamic Solidarity Fund for Development (ISFD) will hold a meeting to tackle poverty beginning next week, the groups said Aug. 30.

The European Parliament's Budgets Committee on August 29 approved the European Union's Solidarity Fund (EUSF) to support reconstruction in Greece, Poland, Lithuania and Bulgaria following natural disasters in 2017.

Prime Minister Viorica Dancila and Cabinet members decided on Tuesday, at an operative meeting convened at the Government House, the measures necessary to support the people and the communities affected by the latest floods.

The southeastern Aegean island of Kos will receive aid amounting to 2.5 million euros after the European Commission proposed the disbursement of funds totaling 34 million euros from the European Union Solidarity Fund (EUSF) to help member-states Greece, Poland, Lithuania and Bulgaria that were struck by natural disasters in 2017.

The European Commission has proposed Bulgaria to receive 2.2m euros to compensate the damage from last year's floods near Bourgas.

The announcement noted that on 25 and 26 October last year in the region of Bourgas there were heavy storms and torrential rains that caused damages on bridges and roads, schools and hospitals.

Revealing her party's economic program ahead of the June 24 snap elections, İYİ (Good) Party leader Meral Akşener has vowed to restructure the debts of 4.5 million Turkish citizens, worth 8 billion liras, through a project called the "Turkey Solidarity Fund."