Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-298-000"
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"en.20110705.34.2-298-000"2
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"According to Article 37(1) of the Financial Regulation, the Commission may present draft amending budgets in the event of ‘unavoidable, exceptional or unforeseen circumstances’. The resources from the fund are intended for the repair of infrastructure. As it is a tool for refinancing, it is not to be used for compensating private damages. Slovenia, Croatia and the Czech Republic requested financial assistance from the European Union Solidarity Fund (EUSF) after these countries were hit by extensive floods and torrential rain. This natural disaster resulted in serious damage to infrastructure, agriculture and private property. The direct damages have been estimated by the Slovenian, Czech and Croatian authorities at a total of EUR 19 546 647. In the case of Slovenia, the direct damages exceeded the normal threshold of 0.6 % of gross national income (GNI) for mobilising the EUSF, and can be considered a major natural disaster. In the cases of the Czech Republic and Croatia, the direct damages did not exceed the normal threshold, but a country affected by the same major natural disaster as a neighbouring country may exceptionally receive money from the EUSF. Due to its status as a country acceding to the EU, Croatia is eligible for assistance from the EUSF. The total amount of aid proposed in the Draft Amending Budget for all three countries is EUR 19 546 647."@en1
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