EUSF meaning in Governmental ?

Governmental Miscellaneous in Governmental . 2 years ago

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What is European Union Solidarity Fund mean?

The European Union Solidarity Fund (EUSF) was founded in 2002. Its objective is to provide assistance to European Union member states when large-scale disasters occur. Catastrophes are considered to be large-scale if the estimated direct cost of damage exceeds 3 billion euro or 0.6% of gross national income of the country concerned. Since its inception, the Fund has provided assistance to member states as a result of 56 disasters including earthquakes, forest fires, drought, storms and floods. According to a European Commission report, Italy and Germany have been the leading beneficiaries of these emergency funds, though in total 23 states have received support.

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Posted on 26 Apr 2022, this text provides information on Governmental related to Miscellaneous in Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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