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Extension of German scheme to grant aid of up to €15 000 to farmers

10/02/2011

 

The European Commission has authorised under EU state aid rules the extension until 31 December 2011 of a temporary German scheme to grant aid of up to € 15 000 per beneficiary.

The aid aims at supporting farmers who encounter difficulties as a result of the economic crisis.

The beneficiaries can now apply for aid until 31 March 2011, and the German authorities must grant the aid no later than 31 December 2011.

The Commission found the extension of the scheme, initially approved on 23 November 2009, to be in line with the conditions of its Temporary Framework for businesses' access to finance during the crisis adopted in December 2010.

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