Wednesday, June 24, 2026

30 billion euros for reconstruction


SecondCountries have reached an agreement on a national reconstruction fund after the flood, with a total amount of 30 billion euros. On Tuesday, the Frankfurter Allgemeine Zeitung confirmed this during the deliberations of Prime Minister Angela Merkel.CDU) And the prime ministers of the federal states.

Accordingly, the country funds “Development Aid 2021” will be set up as a 30 billion euro federal special fund. The total amount of reconstruction measures in the federal states is 28 billion euros, which will be funded by the federal government on average, and the federal states will contribute half. According to the draft resolution, the federal states will participate in adjusting the distribution of sales tax revenue within 30 years.

The difference of 2 billion euros was caused by damage to federal agencies: for example, the floods that mainly hit North Rhine-Westphalia and Rhineland-Palatinate regions also caused damage to bridges, railways and highways.

Bankruptcy should be prevented

Prime Minister of North Rhine-Westphalia Armin Raschelt In the deliberations of the federal and state governments (CDU), the rapid pace of reconstruction after the flood disaster was announced. As the German Press Agency (dpa) learned from the participants, Laschete thanked other countries for their solid unity after the terrible disaster. He reported a great degree of damage. “We must start right away,” Raschelt said.

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Plans to enact federal laws for development funds.This Bundestag A special meeting is expected to be held on August 25 to start post-disaster reconstruction assistance. The union and the Social Democratic Party have reached an agreement on this. The Federal Council must approve the fund.



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