Polish Finance Minister Andrzej Domanski said on Friday a pledge worth 5 billion euros ($5.6 billion) from the European Union to help the country cope with the fallout from its worst flooding in at least two decades may not be enough to cover its losses.

A massive flood wave moving across Central Europe threatened new areas after claiming 24 lives, raising concerns among residents and officials and prompting European Union chief Ursula von der Leyen to plan a visit to the region Thursday.

European Union chief Ursula von der Leyen has pledged billions of euros in aid for Central European countries that suffered enormous damage to infrastructure and housing during the massive flooding th

Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the first country in the region since COVID-19 to pull its budget deficit firmly below the 3% of GDP cap set by European Union rules.

Soldiers and volunteers in southwestern Poland have laid sandbags near swollen rivers around the city of Wrocław to protect homes and businesses after days of flooding across Central Europe. Poland joins Austria,