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

Court of Auditors report, European Anti-Fraud

Thursday morning MEPs debated a report from the European Court of Auditors on EU expenditure in 2007. more »

Cars sold 2 for 1 as sales crash

Wander along any supermarket aisle and you'll see a number of two-for-one offers. It's not something we're used to seeing at our local car showroom. more »

Big Three autos plead for help

The leaders of the so-called Big Three of the U.S. auto industry were on the hot seat on Capitol Hill. more »

HP Announces Preliminary Fourth Quarter Results

HP today announced preliminary results for the fourth fiscal quarter 2008 with revenue of $33.6 billion, a year-over-year increase of 19% or 16% when adjusted for the effects of currency. more »

Opening up the labour market

When the EU expanded in 2004, some of the 15 existing EU countries were worried they would be flooded by workers from eastern and central Europe. more »

Monday in Strasbourg: wage gap, euro at 10, EuroMedscola

Monday MEPs discussed ways to narrow the gender pay gap that still exists in Europe, despite 30 years of legislation. more »

MEPs' diagnosis on economy ahead of Washington G20

The financial crisis has become a major threat to the economies, jobs and lives of millions worldwide. more »

Tightening the net on overfishing

Fisheries in the EU are regulated to protect stocks from overfishing and prevent damage to marine ecosystems. more »

Energy in an emergency

Energy prices in the EU have risen by an average of 15% in the last year and Europeans wonder whether speculators are driving up oil prices. more »

USA Treasury will focus on investing in bank shares

Treasury Secretary Henry Paulson offered an update on the government's financial rescue efforts. more »