Seven applications for a total of EUR126.7 million in EU aid to help Italy, Greece, Slovenia, Croatia, Serbia and Bulgaria cope with the aftermath of natural disasters in 2013 and 2014 have been approved by Parliament. Almost a half of the aid from the EU Solidarity Fund, EUR 60.2 million, will be provided to Serbia, the only non-EU applicant, as the Parliament endorsed European Commission's proposal. Serbia was treated as any EU member.
Seven new houses in Obrenovac, Krupanj and Paraćin have been constructed so far, while 331 flood affected homes have been renovated in Obrenovac, Krupanj, Šabac, Bajina Bašta, Šid, Loznica, Smederevska Palanka, Velika Plana, Čačak, Ub and Koceljeva.
At its last meeting in 2014 the EU Council called for a European Fund for Strategic investment – aimed at mobilising EUR 315 billion -- to be set up by June, giving a green light to European Investment Bank to start working on its part as early as of January. Having found the situation in Ukraine "dramatic and dynamic " the EU leaders sent a strong signal of their readiness to send a financial support to Kiev.