The President of the Government, Pedro Sánchez, has announced that the Council of Ministers approved yesterday a first package of measures amounting to €10.6 billion, aimed at helping households, businesses, self-employed individuals, and municipalities in the 78 Valencian, Castilian-Manchegan, and Andalusian municipalities affected by the DANA. Specifically, the State will transfer up to €72,000 per deceased person and for cases of disability; between €20,000 and €60,000 for the repair of…

The catastrophic ‘cold drop‘ (Dana) that has swept through Spain and struck the Valencian Community, claiming more than 217 lives, has also caused immense material losses that are still very difficult to quantify. According to initial data, the storm has devastated 54,000 businesses, industrial warehouses, and offices, and 90% of companies are still unable to reopen. It is estimated that 17% of the companies in the province have been severely…