On 26 November, the European Commission adopted a regulation allowing Member States to reimburse €686 million to European farmers. This regulation was published on Tuesday 30 November in the Official Journal of the European Union.
In the financial year 2021, €879.8 million was deducted from direct payments to farmers under the Common Agricultural Policy (CAP) to finance the agricultural crisis reserve and to ensure that the overall ceiling of the European Agricultural Guarantee Fund (EAGF) was not exceeded.
The text specifies that, of the €879.8 million of financial discipline applied in 2021, €686.4 million of unused appropriations, respecting the limit of 2% of the initial appropriations, can be carried over to financial year 2022, including €140.9 million for France and €94 million for Germany.
The regulation takes into account the fact that the €487.6 million crisis reserve was not used in 2021. Therefore, a large part of the amounts deducted from direct payments this year will be reimbursed to farmers by the Member States from 1 December 2021.
Link to the regulation in question: https://bit.ly/3rjtFbT (Original version in French by Lionel Changeur)