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Earthquake damage in Croatia to cost 10 percent of country's GDP

Christian Fernsby |
Construction and Physical Planning Minister Predrag Stromar said that the damage caused by the earthquake that struck Zagreb a month ago and left one dead had been estimated to be 42 billion kuna (more than $6 billion).

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Topics: EARTHQUAKE    CROATIA    GDP   

This is almost 10 percent of the Croatian GDP.

Experts from Zagreb’s Civil Engineering Faculty have made five estimates of the damage and chosen the one they think is the most realistic, Stromar said in an interview with Croatian Television.

He said that work on a law to regulate the reconstruction of residential and other buildings damaged in the quake was nearing completion and noted that buildings would be built to accommodate people left without their homes in the quake and that after their flats were rebuilt, those buildings would be used as student dormitories.

Stromar said that money for reconstruction would be sought from the European Commission and World Bank, that a donor conference would be held but that some of the money would have to come from budget reserves as well.

Rebuilding chimneys and restoring heating and hot water is the top priority at the moment, to be followed by the reconstruction of schools, hospitals, and other buildings, said the minister.

As for family houses, the minister said that those that were beyond repair would be torn down and that the ministry would help rebuild them.


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