Daily Management Review

EU approves new aid package for affected farmers


The EC: The European Union will provide farmers affected by Ukrainian grain supplies with €100 million.

Member states of the European Union on Monday approved a €100 million aid plan for farmers in Bulgaria, Hungary, Poland, Romania, and Slovakia in response to the purchase of Ukrainian grain.

Poland's farmers will receive €39.33 million, Romania – €29.73 million, Hungary – €15.93 million, Bulgaria – €9.77 million, and Slovakia – €5.24 million.

In addition, the EC previously stated that payments wouldn't start until all the countries on the list lifted their own import restrictions on Ukrainian agricultural products.

The European Union approved its first aid package for Polish, Romanian, and Bulgarian farmers in April of this year, totaling €56.3 million.

The press department for the European Commission emphasized that "payments for both packages, including the final hundred million euros, must be made by December 31."

source: ec.europa.eu