In Romania, cattle breeders will receive EUR 44 million, this is compensation for the increase in fuel, energy, and feed prices
Published Jan 26, 2023
Tridge summary
A new government program in Romania, approved by the EC under the 2022 subsidy framework, will provide direct subsidies to eligible beneficiaries, including farmers, to offset costs related to increased fuel, energy, and animal feed prices. The program aims to help farmers overcome financial challenges due to the geopolitical crisis, with each beneficiary receiving no more than 250,000 euros. The funds must be distributed by the Romanian government by December 31, 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
As the EC body informed last week, the program was approved under the relevant subsidy framework adopted in 2022. The program provides for assistance in the form of direct subsidies. According to the EC, the aim of the government project in Romania is to compensate eligible beneficiaries for part of the additional costs they incur, in particular as a result of the increase in fuel, energy and animal feed prices. Not more than 250,000 euros per company Farmers will also be helped to overcome the financial difficulties of the current geopolitical ...
Source: Farmer.pl
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