State aid: Commission authorises temporary Slovak scheme to grant limited amounts of aid of up to €15,000 to farmers

Published: 4 March 2010 y., Thursday

Kiaulė
The European Commission has authorised today a Slovak scheme with a budget of approximately €3.32 million which aims at supporting farmers in Slovakia who encounter difficulties as a result of the current economic crisis. Aid under this scheme can be granted until 31 December 2010 and will take the form of a direct grant. This scheme is a further application of the Commission's Temporary framework for State aid measures to support access to finance in the current financial and economic crisis, as amended at the end of October 2009 in order to allow Member States to grant limited amounts of aid to primary agricultural producers.

The scheme is open to farmers in all sub-sectors of primary agricultural production, provided they were not already in difficulty on 1 July 2008 (i.e. before the beginning of the crisis). It is limited in time until 31 December 2010 and complements other crisis measures already put in place by the Slovak authorities in application of the Temporary Crisis Framework. The scheme provides aid in the form of direct grant. It will be granted by the Minister of Agriculture of the Slovak Republic and administered by Agricultural Paying Agency.

The new Slovak scheme meets all the conditions of the Temporary Crisis Framework as amended. In particular, the Slovak authorities demonstrated that it is necessary, proportional and appropriate to remedy a serious disturbance in the economy. The Commission therefore considered that the scheme can be approved under Article 107(3)(b) of the Treaty on the Functioning of the European Union (former Article 87(3)(b) of the EC Treaty).

 

Šaltinis: europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EIB gives strong support of EUR 718 million for transport, energy and the environment in Turkey

The European Investment Bank is providing a EUR 718 million strong support for rail transport, electricity distribution as well as energy efficiency and renewable energy in Turkey. more »

EIB finances expansion of Port of Barcelona

The European Investment Bank (EIB) has approved a EUR 150 million loan for expanding the Port of Barcelona. EIB Vice-President Carlos da Silva Costa and the Chairman of the Barcelona Port Authority, Jordi Valls, signed the finance contract in Catalonia’s capital. more »

Interview with Jean-Paul Gauzès MEP, rapporteur on "hedge fund" directive

The extent to which hedge funds should be regulated is one of the key issues facing MEPs on the Economic and Monetary Affairs Committee. more »

EIB provides CZK 2 billion for urban infrastructure in Plzen (Czech Rep.)

The European Investment Bank (EIB) is lending CZK 2 billion (approx. EUR 73 million) to the Municipality of Plzen (West Bohemia) to implement priority urban regeneration schemes identified in the city’s 2004 Development Plan. more »

European Investment Bank's Philippe Maystadt at Budgetary Control Committee

High-speed rails, supporting indigenous people's rights, protecting nature and wildlife, student loan facilities, construction and refurbishment of hospitals and reduction of industrial pollution are just a few projects supported by the European Investment Bank. more »

Commission endorses €14.3 million aid for Volkswagen in Bratislava, Slovakia

The European Commission has authorised, under EC Treaty state aid rules, €14.3 million of aid, which the Slovak authorities intend to grant to Volkswagen Slovakia, belonging to the Volkswagen AG, for the transformation of an existing plant in Bratislava. more »

MEPs take up new fisheries policy powers

MEPs began acting on their new Lisbon Treaty power to co-decide fisheries policy with Member States on 1 December - the day the treaty took effect - with a Fisheries Committee indicative vote on three legislative proposals. more »

DnB NORD Bankas to offer better exchange rate for pounds, Scandinavian currecies until the New Year

With seasons’ holidays approaching DnB NORD Bankas will offer better cash exchange rates for Great Britain’s pounds, Swedish, Norwegian and Danish krones until 31st December. more »

European Investment Bank funds for renewable energy and energy efficiency projects across South Africa

The European Investment Bank (EIB) today agreed to provide a EUR 40m loan to FirstRand Bank to promote energy efficiency and renewable energy projects across South Africa. more »

480 electrical equipment workers in Lithuania to get help from EU Globalisation Fund

The European Commission has today approved an application from Lithuania for assistance under the European Globalisation adjustment Fund (EGF). more »