Portugal says efforts to balance budget cut debt constrained by storm damage

Estimating the damage to homes, factories and infrastructure from the storms will take some weeks, Miranda Sarmento told reporters as he arrived at a Eurogroup meeting in Brussels. “It is very important to help these people and businesses with emergency aid and reconstruction,” he said. “We will do everything to keep the budget balanced and continue reducing public debt.” The government initially estimated more than 4 billion euros ($4.74 billion) in direct reconstruction costs and rolled out 2.5 billion euros in loans and incentives to help rebuild after Storm Kristin hit Portugal three weeks ago. 🔗 Leggi su Internazionale.it

Farmers report ‘catastrophic’ damage to crops as Storm Marta hits Spain and Portugal

I contadini di Spagna e Portogallo descrivono danni enormi ai campi causati dalla tempesta Marta.

Spain and Portugal on high alert as storms cause more damage

Nella penisola iberica, pioggia intensa e vento forte continuano a colpire le regioni di Spagna e Portogallo.