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EC approves state aid of BGN 426 million to support farmers

approves state aid bgn 426 million support farmers
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от БНТ
14:20, 17.08.2022
EN

The European Commission has approved state aid in the amount of BGN 426 million (EUR 218 million) to support agricultural producers in context of Russia's invasion of Ukraine and its negative economic impact.

The scheme was approved under the State aid Temporary Crisis Framework.

The primary production of the following agricultural products is covered by the scheme: small and large ruminants, horses, beehives, fruits and vegetables (in particular salads and lettuce, okra and courgette), rose oil, wine vines, nuts and tobacco.

This provides support for farmers in primary agricultural production - breeders of small and large ruminants, horses, beehives, fruits and vegetables (in particular salads and lettuce, okra and courgette), rose oil, wine vines, nuts and tobacco, to counter the negative impact of sanctions or retaliatory measures and to ensure the continuity of economic activity.

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