Markets and trade
 

Detail

Area
European Union
Commodity Group
Grains
Commodity
All
Date
17/04/2020
Policy Category
Consumption and marketing
Policy Instrument
Government market intervention
Description
As of mid-October, farmers will receive 70 percent instead of 50 percent of their direct payments and 85 percent rather than 75 percent of their Rural Development payments. In addition, national authorities will be allowed to transfer the money to farmers before finalizing all on-the-spot-checks. The European Commission agreed to reduce the number of physical on-the-spot checks that EU member states need to carry out to check farmers’ eligibility for common agricultural policy subsidies.