He made his comments when presenting a rebalanced budget for this year.
The direct damage caused by the floods has been put at 4.7 billion Euro, according to the latest estimates.
The funds will come from a number of sources, including the state budget and the EU.
400 million Euro will be from a solidarity fund and 750 million Euro will be in the form of a loan from the EU development package known as 'Next Generation EU'.
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