Hungary plans emergency aid for farmers after severe drought
Updated
Updated · Bloomberg · May 2
Hungary plans emergency aid for farmers after severe drought
8 articles · Updated · Bloomberg · May 2
The incoming government said April brought barely any rain, with the national meteorological service calling conditions critical in the grain-producing country.
The drought threatens wheat and corn output in the eastern European exporter, raising pressure on an agricultural sector important to the wider economy.
Earlier droughts periodically hampered outgoing Prime Minister Viktor Orban's efforts to revive growth, underscoring how weather shocks can weigh on Hungary's economy.
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