• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
A vegetable patch is affected by the prolonged drought, in Ronda, southern Spain, May 11.  REUTERS/Jon Nazca
A vegetable patch is affected by the prolonged drought, in Ronda, southern Spain, May 11. REUTERS/Jon Nazca
A field of hay is seen affected by the prolonged drought, in Ronda, southern Spain May 11, 2023. REUTERS/Jon Nazca
A field of hay is seen affected by the prolonged drought, in Ronda, southern Spain May 11, 2023. REUTERS/Jon Nazca
An olive grove is affected by the prolonged drought, in Ronda, southern Spain May 11, 2023. REUTERS/Jon Nazca
An olive grove is affected by the prolonged drought, in Ronda, southern Spain May 11, 2023. REUTERS/Jon Nazca
A vegetable patch is affected by the prolonged drought, in Ronda, southern Spain May 11, 2023. REUTERS/Jon Nazca
A vegetable patch is affected by the prolonged drought, in Ronda, southern Spain May 11, 2023. REUTERS/Jon Nazca
Fields are affected by the prolonged drought, in Ronda, southern Spain May 11, 2023. REUTERS/Jon Nazca
Fields are affected by the prolonged drought, in Ronda, southern Spain May 11, 2023. REUTERS/Jon Nazca
A pedal boat is pictured on the cracked ground at a reservoir near Vic, Spain, May 6. REUTERS/Nacho Doce
A pedal boat is pictured on the cracked ground at a reservoir near Vic, Spain, May 6. REUTERS/Nacho Doce
Home
Sectors
Environment

Spain to spend 2.2 bln euros to alleviate drought impact

May 11th, 2023 | 11:49 AM SECTORS Environment 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

El Niño rains in Peru disrupt access to Machu Picchu
Ocean Race launches twin race for Atlantic glory and greenest crew
Aftershocks rattle Spain's Granada overnight
As Europe bakes, momentum grows for climate-resilient farming
By Reuters

The Spanish government plans to spend 2.19 billion euros ($2.4 billion) on new water supplies, subsidies and direct aid to farmers to alleviate a prolonged and worsening drought they say has decimated production of rice, cereal and olives.

Environment Minister Teresa Ribera said on Thursday that her ministry would spend 1.4 billion euros to build new infrastructure such as desalination plants, double the reuse of urban water and reduce the fees and tariffs of affected farms.

She did not give a timeline on when the plants would be ready.

The agriculture ministry will provide an additional 784 million euros to support agricultural production in a country that is Europe's primary exporter of fruit and vegetables and to alleviate the burden on farmers from the drought and rising costs.

"Spain is a country used to suffering droughts, but as a consequence of climate change we are witnessing a much higher impact, with more frequent and more intense phenomena for which we must prepare ourselves," Ribera told reporters.

The package also includes a ban on some outdoor working during extreme heat conditions between mid-June and mid-September, as the country tries to adapt to the effects of the climate change.

Spain is suffering a long-term drought, with the driest start to a year since records began registered in the first four months of 2023.

The lack of rainfall is affecting 80% of crops and causing irreversible losses on more than 5 million hectares of rainfall-dependent cereal crops, farmers association COAG said on Thursday.

With less than half of the average rainfall in the first four months of 2023, according to official data, wheat and barley crops in most of the country have been all but chalked up as lost, COAG said.

Rice cultivation will be abandoned in Andalusia where it traditionally predominated, while the viability of fruit trees in Andalusia, Murcia, Valencia and Catalonia is seriously threatened and many farmers will be forced to uproot them.

COAG also warned that in the southern province of Jaen, with over a fifth of the world's olive oil production on a regular year, only 20% of the normal crop will be produced this autumn.

The measures were approved just before the kick-off to the electoral campaign for regional and local votes, a run-up to general elections expected by year-end.

($1 = 0.9084 euros)

  • Topic
  • Europe
  • WEATHER/SPAIN
  • DROUGHT (UPDATE 2, TV, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article El Niño rains in Peru disrupt access to Machu Picchu

Related Posts

Environment
August 19th, 2026

El Niño rains in Peru disrupt access to Machu Picchu

Environment
August 19th, 2026

Ocean Race launches twin race for Atlantic glory and greenest crew

Environment
August 19th, 2026

Aftershocks rattle Spain's Granada overnight

Environment
August 19th, 2026

As Europe bakes, momentum grows for climate-resilient farming

Environment
August 19th, 2026

China's torrential rains kill 10 in southwest as thousands evacuated 

Environment
August 18th, 2026

Key border crossing between Argentina and Chile reopens after weather cl...

The Wire
Aug 20th 48 m ago
Investigates

In China, rocket launches fuel tourism and space-age dreams

Aug 19th 1 h ago
Baseball

D-backs score twice in 10th, salvage series finale at Red S...

Aug 19th 2 h ago
Government

US tells schools not to alter discipline policies to reduce...

Aug 19th 2 h ago
Transactional

China tax crackdown forces wealthy investors to assess thei...

Aug 19th 2 h ago
Tennis

Paul ousts top seed Zverev to reach Cincinnati quarter-fina...

TRENDING ON FINANCETIME
Aug 19th, 2026 Litigation

AIA Group's first-half new business value rises 10%

Aug 19th, 2026 United Kingdom

Key moments in Prince Harry and Meghan's six years in California

Aug 19th, 2026 Sports

Orioles reinstate C Samuel Basallo (shoulder) to active roster

Aug 19th, 2026 Sports

Ravens C Danny Pinter (leg) carted off from joint practice

Aug 19th, 2026 World

Ukrainian capital Kyiv under attack by Russian ballistic missiles, mayor says

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT