Insurance Firm Pays Record €227m in Disaster Compensation
The 2024 total surpassed the previous record from 2021, driven mainly by severe storms in September that hit eastern Austria.
Austria Increases Financial Help for Flood Victims
The compensation rate for flood victims will increase from 20% to at least 50%, with up to 80% in hardship cases.
Austria to Receive €500m from EU for Storm and Flood Relief
With Austria’s own disaster fund standing at €1 billion, the EU contribution brings the total available for aid to €1.5 billion.