Germany counts cost of devastating floods – DW

News

18.12.2024 | 21:16
In Gratitude To The Missionaries Who Carried Out Humanitarian Missions During The Armenian Genocide
11.12.2024 | 18:30
Ameriabank Presents EventHub.am: a Streamlined and User-Friendly Ticketing Solution
10.12.2024 | 00:21
4 border villages of Tavush have been gasified and in 3 villages drinking water supply system has been installed thanks to financing of 120 million drams from benefactor Mikayel Vardanyan
28.11.2024 | 17:21
Ardshinbank Donates 120 Million AMD to the Hayastan All-Armenian Fund
14.11.2024 | 17:08
COP29 in Azerbaijan an “Extreme Display of Hypocrisy”: Greta Thunberg. VIDEO
14.11.2024 | 15:50
At COP29, It’s About More Than the Climate: NewsWeek
14.11.2024 | 15:34
Gegham Stepanyan: People Were Dying of Starvation in Artsakh While the World Only Sent Statements. VIDEO
14.11.2024 | 15:07
Forcible displacement of Artsakh Armenians: A clear case of Intent: Ara Ghazaryan. VIDEO
14.11.2024 | 14:44
State Politics and Human Rights: Siranush Sahakyan on the Abduction and Imprisonment of Armenians. VIDEO
14.11.2024 | 14:27
“Azerbaijan is not only engaging in greenwashing but is also now practicing peace-washing at COP29”։ Anna Melikyan. VIDEO
14.11.2024 | 11:02
Greta Thunberg at COP29 Side Event in Yerevan: ‘Impact of Azerbaijan’s Aggression on Human Rights and Environment․ LIVE
06.11.2024 | 10:54
Thanks to Karen Vardanyan’s support of 119 million, two military sports colleges have been furnished with modern sports equipment and buses
30.10.2024 | 10:24
“Navigating Gray Zones: Building Resilience in State and non-State Institutions in the Era of Hybrid Warfare”․ two-day workshop in Yerevan
10.10.2024 | 11:25
Businessman and benefactor Mikayel Vardanyan was awarded the title of Honorary citizen of Masis community
03.10.2024 | 13:50
The stamp, the first day cover and the souvenir sheet dedicated to the 75th anniversary of Hrant Vardanyan, a businessman, benefactor, the founder of “Grand Holding” have been issued
More

According to preliminary estimates of the German Federal Ministry of Transport, the damage caused by the devastating flood to the transport sector could amount to 2 billion euros. The damage to the railway alone is about 1.3 million euros, according to Bild, citing internal estimates of the ministry. Many sections of the railway line were destroyed. Most of the stations were destroyed and flooded in many regions affected by the natural disaster, says the Russian service of DW. Roads and highways were damaged by several hundred million euros. Bridges, railways, highways and mobile towers need to be rebuilt as soon as possible. According to the ministry, the construction of 300 temporary bridges in crisis areas is possible at the expense of the federal government. The head of the German Association of Insurers fears that the damage caused by the flood will be the highest.

“In the short term, 2021 could be one of the most devastating years since 2013,” he has said.

In 2013, the insured damage caused by floods, hurricanes and cyclones amounted to 9.3 billion euros.