the floods were noteworthy when they struck an extensive area over europe from the usa to spain and as far east as the caspian lake coast . economic casualties amounted to eur 9 . 2 bn in hungary , eur 2 . 9 bn in austria and eur 2 . 3 billion in the czech republic . total economic damage surpassed .7 15 billion .
Flooding in Europe causes major economic losses.