EU regulators seek views on extending temporary state aid rules for agricultural sector

Published Apr 15, 2024

Tridge summary

The European Commission is considering a proposal to extend the Temporary Crisis Framework for the agricultural sector, initially set up in March 2022 following the invasion of Ukraine by Russia. This framework, aimed at supporting the agriculture and fisheries sectors amidst sanctions, high energy costs, and environmental policies, is scheduled to expire on June 30. The proposed extension seeks to provide continued aid to farmers facing market disruptions, in the wake of widespread protests across the EU against environmental policies, low prices from supermarkets, and competition from cheap imports.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Commission has asked EU countries for feedback on a limited extension of temporary state aid rules for the agricultural sector as it cited persisting market disturbances and following months of farmers’ protests across the European Union. The temporary rules known as the Temporary Crisis Framework were adopted in March 2022 following Russia’s invasion of Ukraine and have been tweaked several times since then. Specific rules for the agricultural sector, which allow governments to provide limited aid to companies in the agriculture and fisheries sector hit by sanctions related to the Russian invasion, high energy prices and green measures, are set to expire on June 30. “The limited prolongation will allow member states to continue providing limited amounts of aid to farmers where needed and ensure that crisis support measures are implemented effectively,” the EU executive said in a statement, without saying how long the limited extension would be. ...
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