EU allocates €100 million to five countries blocking Ukrainian grain

UkrAgroConsult

On June 26, EU member states approved a €100 million support package for farmers in Bulgaria, Hungary, Poland, Romania and Slovakia.

According to the European Commission, Bulgaria will receive €9.77 million, Hungary €15.93 million, Poland €39.33 million, Romania €29.73 million, and Slovakia €5.24 million. “Farmers in these five member states are facing problems related to logistical bottlenecks in the import of certain agri-food products from Ukraine,” the statement explains.

In addition, the EC proposes to mobilize additional EU funding for farmers affected by adverse climate events, high input costs, and various market and trade-related problems. The new support package will consist of €330 million for 22 member states (Belgium, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Finland, and Sweden).

It is noted that the measures will be voted on by the member states at the next meeting of the Committee on the Common Organization of Agricultural Markets.

Tags: Bulgaria, subsidies, Romania, EU, Poland, Hungary, Slovakia