The European Commission approved 40 million euros from the Recovery Fund for antiflood works in Athens, it announced on Wednesday, ANA reports.
It “will help the city of Athens better prepare and prevent future flooding and protect people’s homes and businesses from the devastating impact of flooding,” the Commission said. The funds will be used to improve 4.83 km of the upstream part of the Eschatia stream, which poses an important flood risk to the local community as it flows through densely populated urban areas, with many buildings located on its banks.
Some 69 million euros in Cohesion Policy funds have already been invested to support flood defense mechanisms along the downstream area, protecting over 300,000 residents from flooding, the Commission statement said. “Today’s support is expected to improve citizens’ quality of life, ensure better use of the land around the streams, and boost the local economy,” it added.
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