On Friday 31 July, the European Commission adopted measures aimed at helping farmers facing the sharp rise in fertiliser costs.
First, a new liquidity scheme under rural development for crisis support can be co-financed up to 65% by the European Agricultural Fund for Rural Development (EAFRD). It may include unused funds, which would otherwise be lost, and Member States may add national financing of up to 200%.
Member States will also have the possibility of making advanced direct payments to farmers before 16 October, with a higher advance rate, to help them improve their cash flows.
Lastly, Member States will have greater flexibility to address the impact of high fertiliser prices by adjusting their allocations for direct payments for calendar year 2027.
These measures complement the exceptional financial support package of €540 million announced under the Fertilisers Action Plan and adopted on 27 July (see EUROPE 13920/2). (Original version in French by Camille-Cerise Gessant)