Spain Pledges €3.76 Billion in Additional Aid for Valencia Flood Recovery
The Spanish government's new relief package follows mass protests over the handling of the deadly floods that claimed over 220 lives.
- Prime Minister Pedro Sanchez announced a new aid package totaling €3.76 billion to support the Valencia region after the catastrophic floods on October 29.
- The aid package includes 110 measures, such as mortgage relief, support for farmers, and funds for infrastructure repair and debris removal.
- Public outrage has surged, with 130,000 people protesting in Valencia against perceived mismanagement by both regional and national authorities.
- Valencia's regional president Carlos Mazón has faced significant criticism for delayed emergency responses and is under pressure to resign.
- The aid aims to stabilize the region's economy and restore normalcy, drawing parallels to measures taken during the COVID-19 pandemic.
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