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Europe Daily Bulletin No. 8702

8 May 2004
Contents Publication in full By article 21 / 52
GENERAL NEWS / (eu) eu/agriculture
State aid in Spanish olive oil sector

Brussels, 07/05/2004 (Agence Europe) - On Friday, the European Commission gave its approval to Spanish state aid in favour of olive oil producer organisations in Extremadura. The aid amounts to EUR 120,000 annually, benefiting 11,500 producers (on average, 10.4 euros per beneficiary and per year). This is the first case of Commission clearance of "de minimis" State aid in the farm sector. Given the low amount per beneficiary, its allocation arrangements and its general level, the Commission...

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