Europe could cut aid to the outermost regions and put bananas at risk

Published 2020년 10월 14일

Tridge summary

The article highlights the critical week for the Canary Islands' agriculture, particularly the banana industry, as leaders convene in Brussels to discuss the Community Program for Support to Agricultural Productions (POSEI) funds. These funds are crucial for the archipelago, accounting for 0.01% of the European agricultural policy's budget but providing significant economic benefit to the Canaries. The industry employs over 15,000 families and contributes more than 430 million euros to the economy annually. The proposed reduction in these funds could lead to a significant decrease in the aid received by the Canaries, exacerbating the economic challenges caused by the COVID-19 pandemic and the tourism sector's downturn. Producers are urgently appealing to the Spanish government and political representatives to advocate for the maintenance of these vital funds.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is a very important week for the agriculture of the Canary Islands. If the Canarian tourism industry has been seriously damaged as a result of COVID, there is a risk that the lack of attention and, therefore, pressure in Europe will ruin one of the key sectors for the economy and employment of the archipelago as is the production of bananas. If not properly negotiated, these grants run the risk of being reduced beyond the limit, which represents a risk for this economic activity that affects all Canaries. On Thursday and Friday the meeting of presidents of community governments is held in Brussels in which it could be discussed, among other issues, if the funds of the Community Program for Support to Agricultural Productions (POSEI) are maintained. The more than 8,000 producers - grouped in the 6 producer organizations represented by the Asociación de Organizaciones de Productores de Plátano de Canarias (ASPROCAN) through the PGI Plátano de Canarias - remind the Spanish ...

Source: Agrodigital