The EC approved EUR 61 million in state aid for Bulgarian grain producers
Canola Seed & Rapeseed
Barley
Published Mar 8, 2024
Tridge summary
The European Commission has sanctioned a state aid of 61.3 million euros to support Bulgarian farmers who may face financial losses due to the Russia-Ukraine conflict. The aid will directly benefit producers of wheat, barley, canola, corn, and sunflowers, with each recipient eligible to receive up to €280,000 by June 30. Additionally, the Commission has initiated an online consultation with European farmers to explore ways to reduce their administrative burden.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The European Commission has announced that it has approved state aid of 61.3 million euros to help Bulgarian farmers because of the war waged by Russia against Ukraine. It is planned that the funds will be provided free of charge and directly, BTA reported. Producers of wheat, barley, canola, corn and sunflowers will be able to take advantage of this opportunity because they may suffer financial losses from the market difficulties associated with the war. The aid will be up to €280,000 per recipient and will be provided by June 30. The Commission today opened an online consultation with European farmers on their ...
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