Austria - European Commission authorises temporary Austrian scheme to grant limited amounts of aid of up to €15,000 to farmers

The European Commission authorised an Austrian scheme with a budget of approximately €1.2 million which aims at supporting farmers in Austria who encounter difficulties as a result of the current economic crisis. Aid under this scheme can be granted until 31 December 2010 and will take the form of direct grants, interest rate subsidies, subsidised loans and subsidised guarantees.
Monday 26 April 2010 (8 years 4 months 26 days ago)
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The European Commission authorised an Austrian scheme with a budget of approximately €1.2 million which aims at supporting farmers in Austria who encounter difficulties as a result of the current economic crisis. Aid under this scheme can be granted until 31 December 2010 and will take the form of direct grants, interest rate subsidies, subsidised loans and subsidised guarantees.

The scheme is open to farmers in all sub-sectors of primary agricultural production, provided they were not already in difficulty on 1 July 2008 (i.e. before the beginning of the crisis). It is limited in time until 31 December 2010 and complements other crisis measures already put in place by the Austrian authorities in application of the Temporary Crisis Framework.

http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/453&format=HTML&aged=0&language=EN&guiLanguage=en

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