Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EC greenlights aid for UK farmers

    EC greenlights aid for UK farmers

    npsnps30 March 2010Updated:25 June 2024
    — Filed under: aid EU Law - competition EU News farming UK
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The European Commission has authorised a temporary scheme granting aid of up to EUR 15,000 to British farmers.. Aid under this scheme can be granted until 31 December 2010 and will take the form of a direct grant.

    The European Commission authorised the UK scheme with a budget of approximately £20 million (€22.3 million) which aims at supporting farmers who get into difficulties as a result of the current economic crisis. Aid under this scheme can be granted until 31 December 2010 and will take the form of a direct grant.

    This scheme is a further application of the Commission’s Temporary Framework for State aid measures to support access to finance in the current financial and economic crisis, as amended end of October 2009 in order to allow Member States to grant limited amounts of aid to primary agricultural producers.

    The scheme is open to farmers in all sub-sectors of primary agricultural production, provided they were not already in difficulty on 1 July 2008 (i.e. before the beginning of the crisis). It is limited in time until 31 December 2010 and complements other crisis measures already put in place by the UK authorities in application of the Temporary Crisis Framework.

    The scheme provides aid in the form of direct grant, interest rate subsidy, loan with an aid element and guarantee. The approved scheme is UK-wide, allowing aid to be granted at country, regional and local level and is applied in a decentralised way by all relevant aid awarding authorities.

    The new UK scheme meets all the conditions of the Temporary Crisis Framework as amended. In particular, the UK authorities demonstrated that it is necessary, proportional and appropriate to remedy a serious disturbance in the economy. The Commission therefore considered that the scheme can be approved under Article 107(3)(b) of the Treaty on the Functioning of the European Union (former Article 87(3)(b) of the EC Treaty).

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Fit pensioner - Photo by Centre for Ageing Better on Pexels

    EU life expectancy increases again to 81.5 years

    Business conference - Image by SNCR GROUP from Pixabay

    The Hidden Workforce Behind Successful Business Events: Event Staffing Explained

    Airport terminal - Photo by Pim de Boer on Unsplash

    Euro-Parliament greenlights new EU rules on package travel

    EDF logo

    Project Manager, Europe Methane, EDF

    Oil tanker - Image by Erich Westendarp from Pixabay

    Middle East conflict raises risks for prices and supply chains in Europe the longer it lasts

    Sustainable finance - Image by Nattanan Kanchanaprat from Pixabay

    Civil society warns: ESRS cuts risk hiding companies’ impacts on people and nature

    Sponsor: WWF12 March 2026
    LATEST EU NEWS
    Fit pensioner - Photo by Centre for Ageing Better on Pexels

    EU life expectancy increases again to 81.5 years

    13 March 2026
    Airport terminal - Photo by Pim de Boer on Unsplash

    Euro-Parliament greenlights new EU rules on package travel

    12 March 2026
    E-commerce - Photo by Antoni Shkraba Studio on Pexels

    A third of online shoppers in the EU experience issues

    12 March 2026
    Farming women - Photo by Anna Shvets on Pexels

    EU launches platform to promote women in agriculture

    11 March 2026
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    March currency outlook – Euro currency news daily

    11 March 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?