Canary Islands Emergency Grants for La Palma

Overview

The Canary Islands government has approved a series of emergency grants aimed at alleviating the economic hardships caused by recent volcanic eruptions on La Palma.

Legal and Administrative Framework

• The grants follow legal frameworks established in late 2021.
• The funds are awarded to businesses and self-employed individuals who faced activity shutdowns during the first quarter of 2024 due to the eruptions.
• A resolution issued on May 15, 2025 confirms the distribution of over 11,700 euros in aid.
• The aid will be managed through the local Chamber of Commerce.
• The process involved:
  • correcting earlier administrative errors, and
  • including additional eligible applicants.

Purpose and Impact

The measures target the ongoing economic fallout in La Palma, helping local entrepreneurs recover amid disruptions.

• These measures demonstrate the government’s commitment to supporting disaster-hit areas and maintaining economic stability in the region.
• While the aid isn't final, it offers a crucial lifeline to help businesses bounce back from this challenging period.
• Expats and residents should see this as a sign of active government intervention to shield local economies from the lasting impacts of natural disasters.