The Ministry of Agriculture of Spain have allocated 7.7 million to almost 1,000 farms to offset the effects of the war

Published 2022년 12월 29일

Tridge summary

The Ministry of Agriculture, Livestock and Fisheries of the Canary Islands has allocated 7.7 million euros in aid to affected farmers due to the repercussions of Russia's invasion of Ukraine. This aid is additional to the 7.6 million and 8.2 million euros distributed earlier and brings the total to 23.5 million euros. The aid is designed to support nearly a thousand companies and self-employed owners of various livestock. The aid is also inclusive of a 5% increase for young people and a 16% increase for non-capital islands to offset costs. The government has also increased the POSEI 2023 subsidies by 20%, providing over 302 million euros, the largest financial record in the program's history.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Ministry of Agriculture, Livestock and Fisheries has published on the Notice Board of its web portal the resolution of direct aid for farmers on the islands who have been affected by the consequences of Russia's invasion of Ukraine. The regional Executive, as a result of the work of this department and the Ministry of Finance, Budgets and European Affairs, has granted extraordinary aid of 7.7 million euros for nearly a thousand companies and self-employed owners of goat, sheep, cattle, rabbits, pigs and poultry, in order to alleviate the economic losses derived from the international crisis. The Minister of Agriculture, Livestock and Fisheries, Alicia Vanoostende, assures that "in these moments of difficulties for our farmers, we back and support their work with the implementation of new aid that injects some oxygen into an essential activity for our primary sector ”. "I have to thank the work of the Ministry of Finance of the Canary Islands Government, as well as the ...
Source: Elapuron

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.