Spain's Sanchez Announces New Measures of Support for Volcano Eruption-Hit La Palma

© AFP 2022 / LUISMI ORTIZThis handout photograph taken on November 19, 2021 and released by the Spanish Military Emergency Unit (UME) on November 20 shows the lava flow in Las Manchas, following the eruption of the Cumbre Vieja volcano on the Canary island of La Palma.
This handout photograph taken on November 19, 2021 and released by the Spanish Military Emergency Unit (UME) on November 20 shows the lava flow in Las Manchas, following the eruption of the Cumbre Vieja volcano on the Canary island of La Palma. - Sputnik International, 1920, 16.12.2021
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BRUSSELS (Sputnik) - A new package of measures for supporting the inhabitants of the Spanish island of La Palma and to help its economy, devastated by the eruption of the Cumbre Vieja volcano, was announced on Thursday by Pedro Sanchez, the prime minister of Spain.
"Now the volcano is beginning to register minimum levels of activity close to inactivity. But we should be prudent and wait to see what scientists say concerning the volcano’s activity. We will adopt a new package of measures to support the relaunch and recovery of La Palma’s economy tomorrow," Sanchez told reporters just before an EU summit in Brussels.
The decision is expected to be approved by the Spanish Council of Ministers on Friday.
Insurance payments will be doubled from 30,000 euros ($33,894) to 60,000 euros. Small and medium-sized companies, as well as local tourism, will be supported with 17.5 million euros. Fishermen will not have to pay into social security during their downtime. Debt payments will be postponed until May 2, 2022. Direct aid for the agricultural sector will reach 30 million euros, after being increased by 12 million, according to Sanchez.
Lava and smoke rise from an erupting volcano in the Cumbre Vieja national park at Tazacorte, on the Canary Island of La Palma, Spain September 25, 2021 - Sputnik International, 1920, 03.11.2021
Spain's La Palma Experiences Strongest Earthquake Since Beginning of Volcanic Eruption
La Palma’s volcano began erupting on one of the Canary Islands on September 19. Several earthquakes were registered near the Cumbre Vieja ridge prior to that. More than 7,000 people have been evacuated, with over 1,600 houses and 45 miles of roads damaged, as lava covered nearly 3,000 acres of land.
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