Farmers Require Extraordinary Subsidies to Ensure Food Supply

Crops

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Hungarian farmers need extraordinary subsidies from the European Union due to the war in Ukraine and the EU sanctions introduced in response to it so that they can continue to guarantee safe food supplies, Minister of Agriculture István Nagy said after a meeting of EU Agriculture and Fisheries ministers this week, according to agroinform.hu. 

Nagy said the majority of the EU agriculture ministers had asked the European Commission to activate a reserve fund of EUR 450 million set aside for agricultural emergencies. 

The minister said soaring energy prices had increased food production costs to such an extent that they cannot be offset even by gradually rising producer prices. He argued that the cause of the resulting crisis is completely independent of agriculture; therefore, the farmers cannot be expected to manage the situation without assistance. 

Nagy said he hoped that the EC would hear the request of the majority of the member states and would make a proposal to activate the reserve fund in the first months of 2023.

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