site.btaEC Approves EUR 61.3 Mln in Bulgarian State Aid for Grain, Oil Crop Farmers

The European Commission announced Thursday that it has approved approximately EUR 61.3 million in state aid to help Bulgarian producers of grain and oil crops to deal with the consequences of Russia's war against Ukraine. The aid will consist in limited amounts of aid in the form of direct grants. The measure is designed for producers of wheat, barley, rapeseed, corn and sunflower, that are at risk of losing financial liquidity due to the difficulties in the agricultural market provoked by Russia's war against Ukraine.

The aid will be up to EUR 280,000 per beneficiary and will be made available until June 30. 

The Commission concluded that the scheme is necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, and approved it under EU State aid rules.