To assist them in coping with the consequences of extreme droughts, the European Commission has decided that European farmers will be able to use advances for direct payments and rural development payments, and they will be granted greater flexibility in using land that is otherwise not utilized for production for animal feed purposes, it was announced from Brussels on Thursday.
Farmers will thus be able to receive up to 70 percent of direct payments and 85 percent of rural development payments as early as mid-October this year instead of waiting until December to improve their financial situation, the Commission states.
>>> Interest rates for loans for farmers 0.5 and 1.00 percent, for dairy farmers 0.1 percent
“I am very concerned about these prolonged climate changes. I am discussing this situation with numerous ministers from affected countries who are providing me with updated assessments of the drought’s consequences. The Commission is, as always, ready to provide support to farmers affected by drought through a range of instruments, including higher advances and deviations from greening requirements and state aid rules. The Common Agricultural Policy already includes protective mechanisms for farmers facing unforeseen events. I urge all member states to explore all possible actions and measures provided for in our legislation,” said Agriculture Commissioner Phil Hogan.
