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Catastrophic floods threaten Serbia's power plants

May 19, 2014 - 6:00am

The worst rains to hit the Balkans in over a century are threatening Serbia's power plants, Reuters reported.

The record-high floods have left 37 dead. Serbia's Prime Minister Aleksandar Vucic said "the situation is catastrophic."

Floods had already reduced Serbia's power generation by 40%, reports Reuters.

Mr. Vucic said a fire and flooding of surface mines at the Kolubara power plant had caused at least €100 million ($136.9 million) in damage, reports Reuters.

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