Damage to Czech agriculture by this year's drought $104.27 millionStaff writer ▼ | December 19, 2015
Damage caused to Czech agriculture by this year's drought at Kc2.6bn ($104.27 million) while the Agriculture Ministry has calculated the damage at Kc1.2bn, Agrarian Chamber president Miroslav Toman told CTK.
Europe Crop were the hardest hit by the drought
"The Agriculture Ministry has earmarked a package of Kc600m, which will be distributed among the affected producers," Toman said, adding that this was to be an extraordinary aid.
"We have not set a precise sum yet," ministry spokesman Hynek Jordan told CTK.
According to the chamber, crops that were the hardest hit by the drought included maize, sugar beet, potato, fodder plants, hops, fruit and vegetables. Cereals, on the other hand, fared well this year.
The state can provide up to Kc12.25bn to farmers until 2020 from a programme of subsidies that has already been approved by the European Commission. A decision on the use of these funds has to be made by the government first.
The Agriculture Ministry is currently preparing a fund of hard-to-insure risks, to which both farmers and the state would contribute. If harvest fell due to drought or floods by more than 30 percent, the state would pay the damage to the farmers contributing to the fund. ■