€10.7 million for Finland's milk producers
The European Commission today adopted a €10.7m support package for milk producers in Finland, as indicated last week. This new package is the latest in a series adopted by the European Commission in response to the Russian ban on the importation of certain EU agricultural products.
The Commissioner for Agriculture and Rural Development, Phil Hogan, said: "I am very conscious of the significant impact that the Russian ban has had on dairy producers in Finland given their exposure to the Russian market and the drop in prices. Finland is the Member State with the highest share of milk production exported in the form of dairy products to Russia. Now that the latest information received from the Finnish authorities allowed us to gauge the impact of the Russian ban on milk prices in Finland, I am pleased that the Commission can provide support in the form of a financial envelope for Finland, as was done earlier for the three Baltic States."
The amount of support being provided to Finland is €10.7m, based on its 2013/2014 milk production level within the national quota. The Finnish government will also be authorised to top up the aid to producers on an objective and non–discriminatory basis.
The measure adopted by the Commission follows earlier specific market support measures for peaches and nectarines, perishable fruit and vegetables and the dairy sector, as well as an additional €30 million for promotion programmes and a first milk targeted aid package of €28m for Estonia, Latvia and Lithuania.
Today's measure is a further Delegated Regulation taken under the Commission's own authority. It will be published in the Official Journal tomorrow.