The European Commission announced on Wednesday 27 November that it will reimburse €467 million to European farmers, as the agricultural crisis reserve has not been used this year.
Every year since the 2013 reform, the reserve for agricultural crises has been built up by reducing direct payments to farmers (see EUROPE B12148A3).
The Commission published in the Official Journal of the European Union on 27 November a regulation allowing this reimbursement as from 1 December 2019, including...