EC: €846 M payment to Spain to support the reconstruction of the Valencia Region after 2024 floods

The European Commission has approved the payment of €846 M to Spain from the EU Solidarity Fund (EUSF) to support the reconstruction efforts after the devastating floods that struck the Valencia Region in October 2024.

Following a thorough assessment of the damage, and taking into consideration the EUSF budget, the Commission proposed in October 2025 to grant Spain a total of €945 million (€100M had been disbursed in March 2025), which was swiftly approved by the European Parliament and the Council. This is the second largest amount ever allocated by EU's main post-disaster relief instrument. Since its establishment in 2002, the EUSF has mobilised over €11 billion in assistance for 148 disasters across EU Member States and accession countries.

The EUSF support will retroactively finance emergency and recovery measures taken from the first day of the disaster, including:

• Repair of critical infrastructure, such as roads, bridges, as well as water and energy networks
• Provision of temporary accommodation for displaced people
•Strengthening of flood prevention systems, such as…