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Belgium: Buy-out scheme for pig farms approved

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Belgium
Published Mar 14, 2023

Tridge summary

The European Commission has approved, under EU State aid rules, a €200 million Flemish scheme to compensate pig producers for reducing or entirely closing their production capacity. The aim of the scheme is to reduce nitrogen emissions in the agricultural sector that result from pig production. The scheme is open to micro, small and medium-sized companies operating a pig breeding unit in Flanders. Under the scheme, the aid will take the form of direct grants amounting to up to 120% of the loss of value of assets, namely of pigs and facilities, related to the closure of capacity. The scheme will run until June 30, 2025.

Original content

March 9, 2023/ European Commission/ European ...
Source: Pig 333
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