Public Finance State Aid and Tax Relief for Areas Struck by Natural Disasters and Pollution

The study of public finance, State aid and tax relief for areas struck by natural disasters and pollution has several objectives: to investigate the efficiency in the European Union and Member States response law; to outline the framework of financial subsidies and tax relief: to address victims of disasters to the most appropriate aid instruments; to highlight the business opportunities; to try to understand what is the most efficient management of disaster according to public finance. With regard to this last profile theoptimal solution seems to be a mixed system, by balancing financiial subsidies and tax relief and meanwhile, also introducing appropriate forms of compulsory insurance. Furthermore, from a general point of view the effectiveness of disaster response law emerges as an indicator of the collective civil identity of the victim State, by measuring its capacity to recover, innovate and start afresh. In light of these considerations the persistent lack of a European action network, reveals the lack of a collective European identity. These topics are introduced in this first paper and will be analysed in the following Chapters. 1) Preliminary Remarks; Management of Disasters in Public Finance, between Subsidies and State Aid; State Aid in European Law: Prohibition, Justification and Modernization; 4) The European Financial Approach to Face Natural Disasters; 5) The Compartive Analysis; 6) Prospects.