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

    Legal Adviser – Legal & Executive Affairs, EFTA Surveillance Authority, ESA

    Energy storage facilities of Energy Cells in Vilnius, Lithuania - Photo Adas Vasiliauskas © European Union 2012

    A first spark for clean products, but the Industrial Accelerator Act needs more voltage

    Sponsor: WWF4 March 2026
    Hamburg shipyard - Image by Manne1953 from Pixabay

    EU adopts maritime strategy for ports, shipping and shipbuilding

    Renewable energy - Image by Maria Maltseva from Pixabay

    Industrial Accelerator Act basis for a pragmatic approach to strengthen Europe’s industrial base

    Sponsor: SMEunited4 March 2026
    Stéphane Séjourné - Photo © European Union 2026

    EU boost for manufacturing with clean products ‘made in Europe’

    Business law - Photo by Pavel Danilyuk on Pexels

    How to Find the Right Litigation Solicitor for Your Legal Dispute

    LATEST EU NEWS
    Hamburg shipyard - Image by Manne1953 from Pixabay

    EU adopts maritime strategy for ports, shipping and shipbuilding

    4 March 2026
    Stéphane Séjourné - Photo © European Union 2026

    EU boost for manufacturing with clean products ‘made in Europe’

    4 March 2026
    Parmelin - von der Leyen - Photo by Dati Bendo © European Union 2026

    EU and Switzerland strengthen ties with package of agreements

    2 March 2026
    Woman business manager - Photo by LinkedIn Sales Solutions on Unsplash

    35 pct of managerial positions in EU held by women

    2 March 2026
    Firearms - Photo by Bro Takes Photos on Unsplash

    EU takes aim at trafficking of illicit firearms

    27 February 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?