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Spain Urges EU to Allocate Billions for Fertilizer Aid as Farm Costs Soar

GateNews

2026-05-29 09:27:22

According to Jin10, on May 29, Spain's agriculture minister called for the European Union to provide billions of euros in emergency funding to farmers grappling with soaring fertilizer costs linked to the Iran conflict. Spain has already launched a 500 million euro (approximately $580 million) national aid package to mitigate the impact, though the minister stated that EU-level support remains insufficient to address farmers' urgent needs.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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