EU Proposes 540 Mln Euros in Aid to Help Farmers Cope with Rising Fertiliser Costs
7 Articles
7 Articles
On Friday 12 June, the European Commission proposed a €540 million financial aid programme for European farmers to help them cope with the rising cost of fertilizers, one of the consequences of the war against Iran and the blockade of the Strait of Ormuz.
The Star Kuala Lumpur
XinhuaEU proposes 540 mln euros in aid to help farmers cope with rising fertiliser costs
BRUSSELS, June 12 (Xinhua) -- The European Commission on Friday proposed a package of measures, including 540 million euros (625 million U.S. dollars) in financial support and targeted changes to the European Union's (EU) Common Agricultural Policy (CAP), to help farmers cope with rising fertiliser prices driven by geopolitical tensions and recent supply disruptions.
In the amount of 540 million euros
Commission proposes €540 million in financial relief and other supports for farmers facing fertiliser crisis - The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com European Union News
(Credit: Unsplash) This article is brought to you in association with the European Commission. Today, the European Commission presents measures to help farmers facing sharply rising fertiliser costs and to support Europe’s food security, delivering on the recently announced Fertiliser Action Plan. In recent months, geopolitical tensions and supply disruptions have pushed prices of fertilisers up across Europe. To address this situation, the Comm…
The European Commission is proposing €540 million in financial support and additional relief for farmers hit hard by the fertilizer crisis to preserve EU food security, the Brussels-based body said on Friday. The total support package could reach €1.5 billion.
Commission to fast-track fertiliser aid through CAP and €540m package
The European Commission today (Friday, June 12) revealed details of a major support package to help farmers battling the fertiliser crisis, with a potential new €1.5 billion in financial aid. The commission has also proposed new Common Agricultural Policy flexibilities to speed up access to supports. The European Commission aims to provide financial relief to help farmers who need to buy fertilisers by providing an immediate package of €540 mill…
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