The European Commission will send €98.6 million from the agricultural reserve to provide direct support to farmers in Hungary, Spain, Croatia, Cyprus and Latvia who have been affected by extremely adverse climatic events or natural disasters since spring 2024, writes Mandiner.
Hungary was hit hard by extreme heat and drought last summer, with corn, sunflower, soybean, sugar beet, fruit, and potato crops all affected, as well as vineyards.
Hungarian farmers will receive €16.2 million in exceptional support.
“The measure will contribute to supporting farmers in the five countries affected who have suffered crop failures and consequent loss of income,” the European Commission statement said, adding that the amounts allocated can also be supplemented by up to 200 percent from national funds.
Governments must distribute this support by Sept. 30, 2025, and ensure that farmers are the final beneficiaries. They must also document who receives any funding by May 31, 2025, with the criteria for granting individual aid, the planned impact of the measure, monthly payment forecasts until the end of September, and the amount of additional aid planned to be granted.
