The damage from the July floods in western Germany will amount to billions of euros, Report informs, citing Germany’s Federal Finance Minister Olaf Scholz.

It now becomes clear that only in two states – Rhineland-Palatinate and North Rhine-Westphalia – the scale of damage will be greater than during the last similar disaster, which affected 11 regions at once in 2013, the minister told a local TV.

The politician noted that last time 6 billion euros were allocated to eliminate the disaster consequences.