European Union Solidarity Fund

EU Solidarity Fund (EUSF) was founded in 2004. Its objective is to provide assistance to EU member states when large-scale disasters occur. Catastrophes are considered to be large-scale if the estimated direct cost of damage exceeds 3 billion euro or 0.6% of gross national income of the country concerned.¹

References

^ "The European Union Solidarity Fund". Europa. http://europa.eu/legislation_summaries/regional_policy/provisions_and_instruments/g24217_en.htm. Retrieved 2009-11-21.

This article about the European Union is a stub. You can help Wikipedia by expanding it.

[0] "The European Union Solidarity Fund". Europa. http://europa.eu/legislation_summaries/regional_policy/provisions_and_instruments/g24217_en.htm. Retrieved 2009-11-21.

1