'Incalculable' Bill Awaits Spain After Historic Floods

Work to clear debris and reconstruct obliterated infrastructure must be financed by the central and regional governments (Credit: AFP)

The destruction wreaked by Spain's deadliest floods in a generation in one of the country's economic motors will leave a huge bill for the state and the insurance sector.

Last week's catastrophe that has killed more than 210 people nationwide gutted buildings, swept away cars, inundated fields, and wrecked transport and power infrastructure in the wealthy eastern Valencia region.