#32026R0847Emergency Financial Support for Agricultural Sectors in Bulgaria, Estonia, and Hungary
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This regulation provides emergency financial aid to farmers in Bulgaria, Estonia, and Hungary after extreme weather harmed crop production. The affected countries must distribute these funds based on each farmer's actual losses, ensure fair distribution, and avoid market distortion. Additional national support can also be provided.
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Key Changes
- Allocates EUR 21.5 million to affected countries for emergency agricultural support.
- Farmers eligible if they've sustained significant economic losses due to weather.
- Allows additional national support up to twice the EU aid amount.
Obligations
What this law requires
Bulgaria, Estonia, and Hungary must distribute the aid to farmers based on objective and non-discriminatory criteria, considering the actual economic damages faced by farmers.
Bulgaria, Estonia, and Hungary must ensure that any economic benefit of Union aid is fully passed on to the farmers.
Payments made by Bulgaria, Estonia, and Hungary for the measures must be made by 30 September 2026 to be eligible for Union aid.
Bulgaria, Estonia, and Hungary must notify the Commission by 30 June 2026 regarding the criteria, measures, and expected impacts associated with the aid distribution.
Bulgaria, Estonia, and Hungary must notify the Commission by 31 March 2027 of the total amounts paid, breakdown by Union aid and additional national support, and the number and type of beneficiaries.