Not only help fruit growers, Portugal in a wine crisis, but there will also be money for distillation

Published 2024년 7월 16일

Tridge summary

The article outlines an emergency financial aid package from the European Union for countries affected by extreme weather conditions and market imbalances in the agricultural sector. The aid, distributed to Austria, Czech Republic, Portugal, and Poland, is designed to offset the economic losses due to severe frost, hail, and market imbalances, with additional funding allowing member states to contribute up to an additional 200% from their national funds. The article emphasizes the need for detailed implementation plans, including aid calculation and distribution methods, with a focus on preventing competition distortion and overcompensation. Timeframes for aid disbursement and the specific support for Portugal's wine industry, aiming to balance the market after a significant increase in wine stocks, are also highlighted.

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Original content

Aid amount Let us recall that the Commission's proposals adopted by the Member States will provide Austria with EUR 10 million, EUR 15 million for the Czech Republic, EUR 37 million for Poland and EUR 15 million for Portugal. These countries can increase EU support from national funds by up to 200%. This spring, the Czech Republic, as well as parts of Austria and Poland, were hit by severe frosts, which, after exceptionally mild temperatures in March, had a huge impact on orchards and vineyards. In Poland, hail also caused destruction. The damaged areas and the corresponding share of production are significant, threatening the economic viability of the affected farms. National authorities distribute aid directly to producers to compensate them for economic losses. Too much red wine in Portugal Austria, the Czech Republic and Poland must inform the EC about the details of the implementation of the measure, in particular the criteria for calculating individual aid, the intended ...

Source: Farmer.pl