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Image header Agence Europe
Europe Daily Bulletin No. 12774
Contents Publication in full By article 17 / 27
SECTORAL POLICIES / Agriculture

European Commission acts to boost farmers’ cash flow

On 4 August, the European Commission adopted a decision allowing farmers to receive larger advances on Common Agricultural Policy (CAP) payments.

This measure will support and increase the liquidity of farmers affected by the Covid-19 crisis and the impact of bad weather conditions across the EU.

Member States will be entitled to pay farmers income aid and certain support under rural development programmes with a higher level of advance payments: up to 70% (instead of 50%) of direct payments and 85% (instead of 75%) of support under rural development programmes.

Safeguards to protect the EU budget apply so that payments can be made once checks and verifications have been finalised and from 16 October 2021.

Read the regulation published in the Official Journal of the EU: https://bit.ly/3yb5bkH (Original version in French by Lionel Changeur)

Contents

BEACONS
EXTERNAL ACTION
EU RESPONSE TO COVID-19
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS