Animals
Business
Crops
Environment
Food
General
Horticulture
Livestock
Machinery
Markets
Politics
Login
 
 
 
Submit to register and subscribe
(72,60 € / year)
 
I forgot my password
Vorig ArtikelPrevious article Next articleVolgend Artikel

 11 may 2020 13:55 

EC approves €650 million Dutch scheme to compensate companies in floriculture and potato sector


The European Commission has found a €650 million Dutch scheme that compensates companies in the floriculture, specialty horticulture and potato sectors for the loss of revenue or additional costs related to the collapse in demand for their products to be in line with EU State aid rules.

Under the scheme, these operators will be entitled to compensation for certain damages suffered. As notified by Netherlands, the compensation in the form of direct grants can cover a maximum of 70% of the loss of revenue or additional costs for farmers and traders in the floricultural sector and companies in the specialty horticultural sector and a maximum of 44% of the loss of revenue or additional costs for potato growers. The Commission assessed the measure under Article 107(2)(b) of the Treaty on the Functioning of the European Union (TFEU), and the European Union Guidelines for State aid in the agricultural and forestry sectors and in rural areas 2014 to 2020. The Commission found that the measure is proportionate, as the foreseen compensation does not exceed what is necessary to make good the damage. The Commission therefore concluded that the scheme is in line with EU State aid rules. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €650 million Dutch scheme enables the Netherlands to compensate Dutch businesses active in the floricultural, horticulture and potato sectors for the damage they have suffered due to the coronavirus outbreak and help them to continue their activities in these difficult times. We are working closely with Member States to find workable solutions to support companies in these difficult times, in line with EU rules.”

The full press release is available online.



  Newsflash
 
Innovation can accelerate the transition towards a sustainable food systemLees meer
 
 
Next generation of farmers stands behind increased budgetary ambitionLees meer
 
 
European farmers and agri-cooperatives recognise the EC’s efforts for joint action Lees meer
 
 
Europe’s moment: Repair and Prepare for the Next GenerationLees meer
 
 
EU Green Deal: land management at a time of great challenges Lees meer
 
 
Crop protection & EU food system: where are they going?Lees meer
 
 
COVID-19 Pandemic Halts Global Trade of Potatoes and Cereals Creating a Food Security Challenge Lees meer