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Europe Daily Bulletin No. 13299
SECTORAL POLICIES / Agriculture

European Commission proposes to activate crisis reserve of over €50 million for Greek and Slovenian farmers

On Thursday 23 November, the European Commission proposed a measure worth €51.7 million to support Greek and Slovenian farmers affected by natural disasters.

Taken from the agricultural crisis reserve (2024 budget), the funds are distributed as follows: €43.1 million for Greece and €8.6 million for Slovenia.

The significant damage caused by climatic hazards to agricultural producers and the resulting loss of income for affected farmers in Greece and Slovenia endanger the economic viability of agricultural holdings, according to the Commission.

These amounts take into account the assessments of agricultural damage by Slovenia and Greece, along with the respective weight of these two countries in the EU’s agricultural sector, on the basis of their shares of CAP direct payments. The two countries can supplement this EU aid of up to 200% with national funds.

The national authorities in Greece and Slovenia will distribute the aid directly to farmers to compensate for economic losses, with payments to be made by 31 May 2024.

The implementing regulation will be voted on by EU countries at a meeting of the Committee for the Common Organisation of Agricultural Markets on 30 November, before coming into force. (Original version in French by Lionel Changeur)

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