European Commission approves €846 million for Valencia flood recovery
The European Commission has authorised an €846 million payment to Spain via the EU Solidarity Fund to assist with recovery following severe flooding in the Valencia region.
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The European Commission announced on 24 June 2026 that it has approved a payment of €846 million to Spain. This funding is sourced from the EU Solidarity Fund and is intended to support ongoing reconstruction efforts in the Valencia region.
The financial assistance follows the devastating floods that affected the area in October 2024. According to the European Commission, the grant aims to aid the region's recovery process after the natural disaster.
Source: European Commission. Read the original report ↗
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This brief is based on reporting by European Commission.supports: European Commission