Dáil Éireann Debate, Tuesday - 23 March 2010
166 Deputy Denis Naughten asked the Minister for Finance the position regarding his application under the European solidarity fund for assistance on foot of the severe flooding; and if he will make a statement on the matter. [12647/10]
Amharc ar fhreagraMy Department made an application to the EU Commission on 27th January 2010 for funding under the EU Solidarity Fund based on estimates of damage received from Departments and local authorities. The application was formally acknowledged by the Commission on 24 February 2010. The EU Solidarity Fund does not fund full reconstruction nor does it fund prevention works. It funds emergency operations to allow a rapid return to normal living conditions.
A regional application was made as the estimate of the extent of the damage does not meet the Solidarity Fund's threshold of 0.6% of GNI or €935.5m for a national disaster. There are specific criteria which must be met to ensure a successful regional application to the EU Solidarity Fund. These criteria include the majority of the population of the region being affected by the disaster and serious and long lasting effects on the region's economic stability and living conditions. My Department continues to work with the Commission on finalising the costs underpinning the application.
