Drought wreaks havoc on Lithuanian farmers as state declares nationwide emergency

Drought wreaks havoc on Lithuanian farmers as state declares nationwide emergency
By bne IntelliNews July 5, 2018

The Lithuanian government declared a nationwide state of emergency on July 4 because of drought that is expected to hit this year’s crops severely.

Vilnius will seek to ensure Lithuanian farmers will not face sanctions from the European Commission over failing to meet production obligations linked to EU’s agricultural subsidies.

The Lithuanian ministry of agriculture estimates that between 15% to even as much as 50% of crops could be lost to drought, depending on a region.

The current drought continues a series of weather-induced problems for the Lithuanian agriculture. The Baltic state’s agricultural sector suffered from excessive rain that damaged crops ahead of harvest last year.

Extreme weather is expected to affect the EU agriculture in the 2018/2019 season, according to the Commission’s “Short-term outlook for EU agricultural markets,” released on July 5.

A rain deficit is expected to occur across the Baltic states, northern parts of Poland, Germany, Denmark and the southern regions of the Scandinavian Peninsula. Those regions will also suffer from heat waves, the report said. Excessive rain is in turn forecast to affect much of Spain, France, and Italy.

Related Articles

Former Latvian PNB Bank depositors face August deadline

Former depositors of now insolvent Latvia’s AS PNB Banka who have yet to resolve any legal claims have been reminded of a looming deadline by the regulator, the Latvian central bank, Latvijas Banka ... more

Baltic banks must be clearer on their sustainability goals – only five out of 24 Baltic banks commit to net-zero

Only five out of 24 Baltic banks commit to net-zero, and the rest need to step up, argue Vaida Arlauskaitė and Monika Aleksiejute-Jonusauskiene of the consultancy Viridis Sustainability, LRT.lt, the ... more

SEB Estonia finishes 2023 by doubling profits to €232mn

SEB Pank, Estonia's second largest commercial bank, finished 2023 with a profit of €231.7mn, similarly to Swedbank which more than doubled its profits against last year from €115.9mn, ERR.ee, the ... more

Dismiss