1. Union aid of a total amount of EUR 98 600 000 shall be available to Spain, Croatia, Cyprus, Latvia and Hungary to provide exceptional support to farmers subject to the conditions set out in this Regulation.
2. The Union expenditure incurred in accordance with this Regulation shall not exceed a total amount of:
(a)
EUR 68 000 000 for Spain;
(b)
EUR 6 700 000 for Croatia;
(c)
EUR 3 500 000 for Cyprus;
(d)
EUR 4 200 000 for Latvia;
(e)
EUR 16 200 000 for Hungary.
3. Spain, Croatia, Cyprus, Latvia and Hungary shall use the amounts referred to in paragraph 2 for measures aiming to compensate the most affected farmers for their economic losses impacting on the viability of their farms in the sectors and productions impacted by adverse climatic events in the regions affected.
4. The measures referred to in paragraph 3 shall be taken on the basis of objective and non-discriminatory criteria that take account of the actual economic losses borne by the affected farmers. The measures shall be of such a nature that the resulting payments do not cause any market or competition distortion.
5. Spain, Croatia, Cyprus, Latvia and Hungary shall ensure that, when farmers are not the direct beneficiaries of the payments of the Union aid, the economic benefit of the Union aid is passed on to them in full.
6. The expenditure borne by Spain, Croatia, Cyprus, Latvia and Hungary referred to in paragraph 2 in relation to the payments for the measures referred to in paragraph 3 shall only be eligible for Union aid if those payments are made by 30 September 2025.
7. For the purposes of Article 30(3) of Delegated Regulation (EU) 2022/127, the operative event for the exchange rate as regards the amounts set out in Article 1(2) of this Regulation shall be the date of entry into force of this Regulation.
8. Measures under this Regulation may be cumulated with other support financed by the European Agricultural Guarantee Fund and the European Agricultural Fund for Rural Development.
9. Spain, Croatia, Cyprus, Latvia and Hungary may grant additional national support for the measures taken under paragraph 3 up to a maximum of 200 % of the respective amounts set out in paragraph 2, on the basis of objective and non-discriminatory criteria, provided that the resulting payments do not cause any market or competition distortion, or overcompensation. Spain, Croatia, Cyprus, Latvia and Hungary shall pay the additional national support by 31 December 2025.
10. In order to avoid overcompensation, when granting support under this Regulation, Spain, Croatia, Cyprus, Latvia and Hungary shall take into account the support granted under other national or Union support instruments or private schemes to respond to the economic losses concerned.