Lump sum payment to farmers suggested by the EU
Farmers could receive a once-off lump sum payment to offset cost increases they’ve had to shoulder since the outbreak of war in Ukraine. This is if a proposal by the European Commission bears fruit. This direct cash injection could see farmers receive up to €15,000, with SMEs potentially securing €100,000. To be formalised, the proposal must get approval from the Council of Ministers and the Parliament. The proposal is to…