Spanish compensation of up to €1.5bn for flooded farms approved by EU
( May 11, 2026, 09:45 GMT | Official Statement) -- MLex Summary: Farmers in the Spanish regions of Andalusia and Extremadura — who were hit by floods in late 2025 through to early 2026 — can receive up to €1.5 billion in government aid, EU state aid regulators said today. "The increasing frequency of natural disasters, such as floods, poses a significant threat to agricultural production and food security," said EU competition boss Teresa Ribera. "Compensatory measures are critical to protect the agricultural sector and to ensure its long-term sustainability."The press release follows. ...
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