Floods Roll on as Germany's Sodden Cities Count Cost

Germany -- As eastern Germany braced itself for further flooding, European leaders promised a common effort to fund rebuilding and cleanup expected to cost around $20 billion.

Many east Germans left their homes and headed for higher ground on Monday. German police confirmed another death, bringing the Europe-wide toll to at least 106.

Meanwhile there were fears that Budapest, Hungary, would be the latest European capital to be inundated with the flood water making its way downstream from freak storms which hit Europe two weeks ago.

Meeting in Berlin, European Commission President Romano Prodi and the leaders of Germany, Austria, Czech Republic and Slovakia agreed a plan to free "substantial sums" from European Union development funds and cheap loans.

While they were unable to give specific figures, the leaders also proposed the creation of a European disaster relief fund that could start by helping flood areas.

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