Cyprus announces aid package for victims of Limassol tornado

In response to the recent tornado and extreme weather conditions that struck the Limassol Province on February 14, 2024, the Cyprus government has unveiled a comprehensive aid package to assist affected individuals and properties.

Following a decision by the Cabinet, the Ministry of Interior has outlined the financial assistance available to eligible recipients across various categories:

- Uninsured Properties: Owners may receive up to 80% of the estimated damage to their buildings, with a maximum of €20,000. Additionally, reimbursement will cover damages equal to the estimated value, not exceeding the insurance excess waiver, capped at €3,000.

- Owned Residential Equipment: Owners are entitled to financial aid equivalent to the estimated damage, with a maximum of €15,000. The assistance also covers damages not surpassing the insurance excess waiver, capped at €3,000.

- Rented Residential Properties: Tenants can receive support amounting to 50% of the estimated building damage, up to €15,000. Damages equal to the estimate, not exceeding the insurance excess waiver, are covered up to €3,000.

- Rented Residential Equipment: Tenants are eligible for financial assistance equivalent to the estimated equipment damage, capped at €15,000. The aid also extends to damages not exceeding the insurance excess waiver, capped at €3,000.

- Commercial Assets: Business owners may receive up to 70% of the estimated building damage, with a maximum of €30,000. Assistance for damages equal to the estimate, not exceeding the insurance excess waiver, is capped at €5,000.

- Owned Commercial Equipment: Entrepreneurs can claim financial aid equal to the estimated equipment damage, capped at €10,000. The aid also covers damages not exceeding the insurance excess waiver, capped at €5,000.

- Private Vehicles: Uninsured privately used vehicles damaged during the calamity may receive financial assistance equal to 75% of the estimated damage, up to €5,000 per vehicle. Insured vehicles will be reimbursed based on the estimate, not exceeding the insurance excess waiver, capped at €500.

- Commercial Vehicles: Uninsured commercial vehicles damaged during the event may receive financial assistance equal to 75% of the estimated damage, capped at €10,000 per vehicle. Insured vehicles will be reimbursed based on the estimate, not exceeding the insurance excess waiver, capped at €1,000.

The aid package aims to provide crucial support to individuals and businesses affected by the recent natural disasters, offering financial relief during these challenging times.