Press Release: State aid: European Commission approves aid to compensate damages caused in Poland by floods

Author (Corporate)
Series Title
Series Details IP/10/1039 (09.8.10)
Publication Date 09/08/2010
Content Type

The European Commission has approved an aid scheme that allows to grant compensation for the damage caused by the floods of May and June 2010 in Poland. The Commission found that the measure was in line with Article 107 (2) (b) of the Treaty of the Functioning of the European Union, that allows aid to make good the damage caused by natural disasters. In particular, aid is available only to cover the material damages effectively caused.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/1039&format=HTML&aged=0&language=EN&guiLanguage=en
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