Web Sify
Follow us on
Mail
Print

EU approves $850M in earthquake aid for Italy

Source : AP
Last Updated: Tue, Nov 13, 2012 22:15 hrs

The European Union has approved €670 million ($850 million) to help Italy's Emilia Romagna region recover from this year's back-to-back earthquakes, despite its disagreement on other budgetary issues.

Tuesday's approval by the 27 member states came after pressure from the European Parliament, which had called foot-dragging on the issue shameful.

The earthquake aid was part of the protracted 2012-2013 EU budget negotiations, which hit a stalemate last week.

An attempt to rescue the talks failed Tuesday, but in a show of goodwill toward Italy, the meeting of budget ministers let the earthquake aid pass.

Twenty-four people died in two temblors that struck the agricultural and industrial region in May.




More from Sify:
blog comments powered by Disqus
most popular on facebook
talking point on sify news