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First Elements of €500 million Package for Farmers Adopted

  • 6 Oct 11:43

The first elements of the special aid package for EU farmers worth €500 million, announced by the European Commission in early September, have now been adopted by the European Commission. Draft rules for most of the other measures have also been presented to Member State experts and will formally be approved in the coming days and weeks. The largest part of the package is a targeted aid scheme worth 420 million EURO, which is allocated to Member States in the form of national envelopes for distribution mainly to dairy and pigmeat farmers, targeting those sectors that have been most adversely affected by the market situation. To aid cash-flow difficulties,. Read more...