The Spanish PM Pedro Sanchez said on Sunday that Spain will rebuild La Palma, in which the volcano destroyed hundreds of buildings.
He added that after people returned to their homes, the island is now safe for tourist visits.
The government would provide a funding aid of 206 million euros, Sanchez said after his last visit to La Palma.
“Next Tuesday, the cabinet will approve a package of very powerful measures to provide assistance,” he said in a news conference.
The assistance will be in “infrastructure reconstruction, water supply, employment, agriculture, tourism and benefits,” he added.
The volcano in La Palma, namely ‘Cumbre Vieja’, has burned down over 900 buildings.
It also forced 6,000 people to evacuate their homes on the island of an 83,000 population.
Sanchez said that the country’s resistance is being tested. “We do not know when the eruption of the volcano will end,” he added.
“What residents should know is that when it does end, the Spanish government will tackle rebuilding La Palma,” he concluded.
The volcano gushed out hot lava and columns of thick black smoke on Sunday, which is the 15th day.
Involcan, the Volcanology Institute of the Canary Islands, tweeted on Sunday that “Explosive activity has intensified in the last hours.”
Damage control in La Palma
Moreover, the National Geographic Institute in Spain said it has registered nine earthquakes at the time of the eruption.
The strongest earthquake registered a magnitude of 3.5.
The first stage of the plan started as officials announced 10.5 million euros in aid for the damaged people.
The plan received approval last week, and the second stage is the financial package.
Sanchez urged tourists who were considering visiting La Palma to not change their minds.
Tourism is the biggest industry in the Canary Islands.
“I would like to let tourists know that this is a safe place, they can come and enjoy the island,” Sanchez said.