Summer Floods Caused Damages Amounting to EUR 400 M

Society » ENVIRONMENT | January 23, 2015, Friday // 18:10
Bulgaria: Summer Floods Caused Damages Amounting to EUR 400 M File photo

Bulgaria's Interior Minister Veselin Vuchkov announced during the parliamentary control on Friday that the summer floods caused damages amounting to EUR 400 M.

According to the estimates, the first wave of floods caused damages amounting to EUR 311 M, while the second wave resulted in damages amounting to EUR 79 M, Darik radio reports.

Bulgaria has requested financial aid from the European Union (EU) on two occasions and so far EUR 10.5 M have been allocated.

Vuchkov said that the approval of the sum, which was calculated on the basis of a methodology used by the EU, is forthcoming.

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Tags: Bulgaria, damage, flood, summer, Veselin Vuchkov, EU

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