Over €47 million reallocated for Croatian agriculture
- by croatiaweek
- in Business
ZAGREB, June 25 (Hina) – Agriculture Minister Marija Vuckovic said after a cabinet meeting on Thursday that HRK 360 million (€47 million) would be reallocated from the rural development programme to support Croatian farmers.
Vuckovic said that this was, among other things, the result of successful negotiations during Croatia’s presidency and a sign of support and solidarity from all EU member states and that it will result in good income support for Croatian farmers.
She explained that two percent of the funds allocated under the rural development programme would be reallocated to small and medium-sized family farms, trades and enterprises engaging in agriculture and agricultural processing.
“We’ve already started preparing the criteria for applications and the subsidies will be paid out in a few months. Small farmers will be able to receive up to €7,000 depending on the criteria while small and medium-sized processing enterprises will receive up to €50,000,” Vuckovic underscored.
Following three rounds of negotiations and three sets of measures, this is the most significant aid to the agriculture sector as far as agreements with the European Commission are concerned, she said.