Reconstruction of severely flood-prone areas in west Germany will cost billions. Horst Seehofer, Interior Minister, calls it an extraordinary situation that requires a huge concerted effort.
DPA news agency has been informed by government sources that the cost of the damage to roads and trains is at least 2 billion Euros. Rheinische Post reports that only 43 percent are insured against this kind of damage in North Rhine-Westphalia. According to a bank in the area, the floods could cause insurance companies to have to pay at least 2.5 billion Euros. Uninsured homeowners may also be affected.
According to the government’s statement, they are currently in the process of creating a fund to help those affected. After all damage has been assessed, details will be shared.
The process of repairing the damage can take many months. All of the damaged areas must be repaired first. Transport Minister of North Rhine-Westphalia Hendrik Wüst tells Rheinische Post that all this must be done quickly and without bureaucracy.
Germany’s death toll currently stands at 164.
117 people perished in Rhineland-Palatinate while 47 died in North Rhine-Westphalia. Germany still has many missing persons. At least 30,000 people still lack electricity.
Germany was critical of the alarm system. Many residents in the affected areas believe that even though there were warnings about extreme weather, the government did not intervene enough. The government has already promised to examine the system. Seehofer said that it does not mean everything will be centralized. It doesn’t make it better.