In response to liquidity problems currently facing many European farmers, the European Commission decided on Wednesday 30 July to authorise Member States to pay higher advances of Common Agricultural Policy (CAP) funds to farmers.
This measure is designed to provide rapid relief for farms facing particularly difficult economic and climatic conditions.
Member States wishing to do so will be able to pay farmers up to 70% of direct payments as of 16 October, compared with the usual ceiling of...