On the day when the National Institute of Geophysics and Volcanology changed the name of the “Earthquake in central Italy” (it is now officially called “Amatrice, Norcia and Visso seismic sequence”), the Civil Protection agency sent to Brussels the complete dossier with the estimate of the damages
And the costs already incurred, caused by the quakes that have not stopped since Aug. 24 last year in Marche, Lazio, Umbria and Abruzzo. The final bill amounts to €23.5 billion, or 1.4 percent of the country’s GDP, seven times more than the amount Italy sought from the European Union for the structural adjustment of accounts. This includes €12.9 billion related to private buildings, €1.1 billion for public structures and €2.5 billion for the salvage of cultural heritage.
The goal is to be able to access the European Union Solidarity Fund. However, this Fund has so far invested only €3.8 billion in 24 countries throughout its history.
In an interview with TV2000, the head of the International Relations Department of Civil Protection, Luigi D’Angelo, stated: “The Solidarity Fund will contribute to the costs of emergency management, not for reconstruction. For this, there will be other resources, the European Structural investment Fund is not excluded.”