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Spain unveils aid plan a week after catastrophic floods [Video]

Spain on Tuesday announced an aid package worth 10.6 billion euros ($11.5 billion) to rebuild regions devastated by its worst floods in a generation that have killed 218 people.

The exceptional Mediterranean storm that lashed eastern Spain a week ago triggered surging torrents of muddy water that have left a trail of destruction and an unknown number of missing.

Prime Minister Pedro Sanchez announced a series of measures including aid to small and medium-sized businesses, self-employed workers and households who have suffered deaths, incapacity, damage to homes and belongings.

Tax relief and reduction and a three-month postponement to repaying mortgages and loans were also among the announcements aimed at protecting the economy and citizens’ livelihoods.

Security force and emergency services personnel are working around the clock to repair damaged infrastructure, distribute aid and search for bodies in Spain’s largest peacetime deployment of its armed forces.

Sanchez said almost 15,000 troops, …

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