The Government has announced a €10m humanitarian fund to help those worst affected by the worst flooding on record in many parts of the country.
There will also be a further €2m provided for farmers.
Taoiseach Brian Cowen said the situation would be monitored on a daily basis to determine what further assisitance will be made available.
He was responding to questions in the Dáil from Fine Gael leader Enda Kenny, who described the recent flooding as 'horrendous'.
The Minister for Social and Community Affairs, Mary Hanfin, has said there will be some element of means testing in the distribution of monies from the Government's hardship fund.
The Minister said it was the Government's intention to have the money available as a soon as possible and avoid unnecessary bureaucracy.
She said Community Welfare Officers were best placed to assist the government in pinpointing those in most need and to identify areas of priority.
County councils in Galway, Roscommon and Leitrim have advised that motorists should not travel unless essential and should obey diversions and temporary road signs.
The warning comes as flooding is causing severe problems in parts of the Midlands, West and South, where hundreds of roads have been closed.
The Army has been called in to assist with efforts to tackle rising water levels in Athlone.
Around 30 Army personnel are now involved in assessment of the areas most at risk around the town and have distributed sandbags.
Some businesses and houses on the west side of Athlone are coming under increasing pressure from rising waters.
In Co Galway, where weather conditions have deteriorated, there have been more road closures; increased flooding and long delays for motorists forced to take detours.
Today has been the first day many families in rural areas have been able to get back to their flooded homes to assess the level of damage which has been caused.
A number of roads remain closed in Co Leitrim, where water levels are at their highest in ten years.
Call to investigate water management in Cork
In the special Dáil debate on the flooding crisis, one junior minister called for an independent onquiry into water managment in Cork.
Environment Minister John Gormley said bad planning was a factor, while Fine Gael questioned the absence of a flood warning system.
This special debate allowed TDs from the worst affected areas give their accounts of the hardship being faced by their constituents.
Cork Junior Minister Billy Kelleher said he did not want to get into the blame game but there had to be an independent enquiry into water management in the Lee area.
Fine Gael's Phil Hogan said the Government had no flood early warning system. Later Minister of State with special responsibility for the Office of Public Works Martin Mansergh said one was being costed.
Heavy overnight rain in midwest
Elsewhere, flood relief efforts are ongoing in the midwest after further heavy rain overnight.
Clare County Council and Limerick County Council have confirmed that a flood warning remains in place along the lower River Shannon.
The areas concerned are O'Briensbridge/Montpelier, Clonlara,
Castleconnell, Westbury and Shannon Banks. The emergency services are continuing to monitor the situation.
There has been further heavy rainfall in the area with more heavy rain forecast for the next few hours.
The ESB has said that it will not be increasing the release of water at Parteen Weir in Co Clare at all today.
A spokesperson said that the situation is being kept under constant review.
In Cork, all the main roads in the city are now clear but thousands of people are still without a water supply in their homes.
EU officials to assess flood damage
Officials from the European Commission are to travel to Ireland to assess the extent of damage caused by flooding.
Six Irish MEPs met with Europe's Regional Policy in Strasbourg this afternoon to make the case for financial assistance from the EU solidarity fund.
Speaking following the meeting, Commissioner Pawel Samecki said that if Ireland met the conditions set down, its application would be treated favourably.
If assistance is granted, money would be made available to refund the cost of repairs to infrastructure.
The meeting was attended by Fine Gael MEPs Sean Kelly and Jim Higgins, Fianna Fáil's Pat 'The Cope' Gallagher, Brian Crowley and Liam Aylward and by Independent Marian Harkin.
- Nine News: Jim Fahy, Western Editor, reports that the Army has been helping families in Athlone
- Nine News: Paschal Sheehy, Southern Editor, reports that more than 20 families were forced to leave their homes in Corbally, Co Clare, last night
- Nine News: David Davin-Power, Political Correspondent, reports that there were stormy scenes both inside and outside Leinster House today
- Prime Time: Rita O'Sullivan reports that 50,000 people are without water in Cork after heavy rainfall on saturated, badly-drained land
- Prime Time: Miriam O'Callaghan gets the views of the people in Galway to the problems caused by the flooding
- Prime Time: Éamon Ó Cuív, Minister for Community, Rural & Gaeltacht Affairs, and Dr Kieran Hickey, Climatologist, NUI Galway, discuss the fall-out of the devastation
- Six One News: Govt announces €10m fund for flood victims
- Morning Ireland: Kieran O'Donnell, Fine Gael TD for Limerick East, discusses the nature of the problems related to the distribution of sandbags
- Morning Ireland: Glen Pope, ESB, explains the operation to release water at the hydro-station in Ardnacrusha
- Morning Ireland: Farmers adjusting to unprecedented levels of flooding on their lands near Athlone spoke about the catastrophe
- Morning Ireland: Cian McCormack visited Parnell Square in Athlone and spoke to residents about their property loss
- Morning Ireland: In Portumna the Ferry Bridge has been closed because of the flood waters
- Morning Ireland: Martina Maloney, Galway County Manager, gives her assessment of the flood damage in the region
- Morning Ireland: Jim Fahy, Western Editor, reports that the rail line between Galway and Ballinasloe is open
- Morning Ireland: Paddy Purcell, Irish Academy of Engineering, says we are stuck with the consequences of climate change
- News At One: Cian McCormack reports that the St Vincent de Paul is appealing for clothes and shoes for people who have lost their belongings in the floods
- News At One: Mary Hanafin says a report on the flooding was discussed by the Cabinet this morning
- News At One: Mary O'Rourke, Fianna Fáil, describes the situation in Athlone where the Army has been called in to assist with efforts to tackle rising water levels
- News At One: Niamh Sweeney speaks to residents who had to leave their homes in the Corbally area of Limerick last night
- News At One: Éanna Rowe, Waterways Ireland, says water levels on the upper and middle Shannon are above the highest ever recorded levels
- News At One: Michael Silke, IFA Vice President, says they are unhappy with the ESB for their management of water levels in Lough Derg

