European Union Solidarity Fund

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European Union Solidarity Fund (EUSF) was founded in 2002. Its objective is to provide assistance to European Union 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[edit]

  1. ^ "The European Union Solidarity Fund". Europa. Retrieved 2009-11-21.