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Reuters
Reuters
Business
Philip Blenkinsop and Gabriela Baczynska

EU offers farmers aid, more land to grow due to Ukraine war

FILE PHOTO: European Commission President Ursula von der Leyen delivers a statement before her meeting with the Italian Prime Minister Mario Draghi at the headquarters of the European Commission in Brussels, Belgium March 7, 2022 Kenzo Tribouillard/Pool via REUTERS/File Photo

The European Union will distribute 500 million euros ($550 million) to help farmers and allow them to grow crops on fallow land to mitigate food price spikes and potential shortages resulting from Russia's war in Ukraine.

Published on Wednesday, the proposals by the EU's executive European Commission also include assistance to Ukraine to help its farmers sow corn and sunflower seeds and tend to wheat.

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