Further Financial Aid for Flood Victims

The financial aid for the flood victims amounts to a maximum of 5,700 euros per household and can be applied for until June 30, 2025, via the website hochwasserzuwendung.at.

Additional Financial Aid for Flood Victims Approved Before National Council Election

The basis is the "Wohnschirm" law, which was originally enacted in 2022 due to record inflation, but shortly after the record flood, it was expanded with a paragraph on "support services after natural disaster." Due to the extent of the damage, shortly before the National Council election, the flood aid was increased from 20 to 50 percent of the damage, and the disaster fund was increased to one billion euros.

Overall, the record rainfall in Austria caused damage amounting to billions. The state of Lower Austria, which was most affected by the flood, paid out around 337 million euros for more than 19,700 damage cases. Several hundred residents were also affected in Vienna. In addition, there was damage to roads, dams, and businesses. The ÖBB and Wiener Linien were also heavily affected. The damage covered by insurance amounted to 600 to 700 million euros, according to the insurance association.

(APA/Red)

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