European farmers demand more compensation for oversupply of Ukrainian grain

Romania and Poland are demanding an increase in compensation from the European Commission, which they were awarded due to the influx of Ukrainian grain. Financial Times reports.

Romanian and Polish farmers have criticized the proposed €56.3 million in compensation from the EU.

European Council President Charles Michel recognized Romania’s role in creating alternative export routes for Ukraine.

“But I know that this has had a negative impact on Romanian farmers. We should consider increasing this amount,” the European Council president said.

Poland’s Prime Minister Mateusz Morawiecki also believes that a larger amount is needed.

EU members are to vote on the farm aid package on Thursday, March 30.

As a reminder, the European Commission was supposed to allocate €56 million to Romania, Bulgaria, and Poland, as they faced an influx of Ukrainian grain that lowered local prices. Poland was to receive €30 million, Bulgaria about €17 million, and Romania €10 million. This amount can be doubled by co-financing from the budgets of EU member states.

Tags: Ukraine, export, grain, Romania, EU, Poland