Romanian Gov't Approves EUR 20 mln Aid for Grain Farmers
Photo by Nikolett Emmert / Shutterstock.com
The Romanian government said on Thursday that it approved an EU emergency support measure granting EUR 10.05 million to local cereal farmers affected by increased grain imports from Ukraine, SeeNews reported.
The government is also matching the European Union aid with EUR 10.05 million from the state budget, through the agriculture ministry, it said in a press release.
The EU aid is part of a larger EUR 56.3 million support measure for cereal and oilseed farmers in Bulgaria, Poland, and Romania, the government said in a press release.
The total amount of 20.1 million euro will be disbursed to Romanian farmers to compensate for expenses derived from storing their wheat production from the 2022 harvest in their own or third-party storage facilities. Grants will be distributed across the entire country until September 30.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.