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Spain Mobilizes Resources for Valencia Recovery After Devastating Floods

The Spanish government is prioritizing life-saving efforts and recovery initiatives in Valencia following severe flooding. With nearly 15,000 armed forces members deployed, significant progress has been made in rescues, debris removal, and the restoration of services. Key measures include financial support for affected households and businesses, with grants up to €72,000. A $5 billion loan guarantee scheme will aid recovery for companies and individuals. Prime Minister Pedro Sánchez emphasizes the urgency of the situation, asserting that efforts would continue as long as necessary to adapt to climate challenges.

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