Austria on Wednesday announced a package of measures in response to severe flooding across the country, including a tripling of the federal disaster fund and tax postponements for affected companies.

The extreme rainfall and flooding is the worst central and eastern Europe has seen in at least two decades, with several more people missing and there are fears it's going to get worse

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

Exceptionally heavy rainfall has been pounding Central Europe and has prompted deadly flooding in the region, with four new deaths reported in Poland, three in Czech Republic and one in Romania.

The storm that hit central Europe — which unleashed several months’ worth of rain in just a few days — was spawned by a rare combination of meteorological factors.

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.