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

    EU agenda - Image by Andreas Lischka from Pixabay

    EU Agenda: Week Ahead – 18-23 May 2026

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    Online traders - Photo by AlphaTradeZone on Pexels

    UxoTrade.com and the Nasdaq 100 Momentum in 2026

    Disabled person - Image by svklimkinfrom Pixabay

    Deal on new EU law to protect vulnerable adults

    Fitto - Tzitzikostas - Photo © European Union 2026

    EU pledges one-ticket rail travel for Europe-wide travel

    Drugs - Photo by Myriam Zilles on Unsplash

    EU reaches deal on tackling shortages of essential medicines

    LATEST EU NEWS
    Disabled person - Image by svklimkinfrom Pixabay

    Deal on new EU law to protect vulnerable adults

    13 May 2026
    Fitto - Tzitzikostas - Photo © European Union 2026

    EU pledges one-ticket rail travel for Europe-wide travel

    13 May 2026
    Drugs - Photo by Myriam Zilles on Unsplash

    EU reaches deal on tackling shortages of essential medicines

    12 May 2026
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    May currency outlook – Euro currency news

    12 May 2026
    Clean drop of water - Image Pexels

    New legislation to strengthen protection of water in the EU enters into force

    11 May 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

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

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

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?