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2 Bln Euros for Romanian Farmers

26 January 2011

ROMANIA - Romanian farmers will receive around two billion euros in EU and national funds this year which is 17 per cent more than in 2010, according to

"We plan to increase the amount to 2 billion euros in 2011, as we currently know that for this year's campaign we have a financial package of 900 million euros earmarked through the per hectare flat rate scheme, and another 100 million euros for market measures. As well, 400 million euros will be directed to disadvantaged areas through agri-environment measures, for the protection of pastures, green crops and birds," said general manager of the Payments and Intervention Agency in Agriculture (APIA) Florin Marius Faur.

The European funds assigned in 2011 through the per hectare flat rate scheme are about 28 per cent higher than last year, when they stood at over 700 million euros.

'Through the EUR 900 million worth of financial package from the European Union, which applies strictly to the surface unit, Romanian farmers will receive from the European Agricultural Guarantee Fund (EAGF) about 100 euros per hectare, plus a minimum of 50 euros per hectare, an amount at least similar to that offered in 2010,' said the APIA general manager.

In 2010 the per hectare flat rate disbursed from EU funds has been of around 80.36 euros, to which added some 50 euros from the national budget.

According to data supplied by the APIA head, the funds earmarked for market measures have been geared towards vineyards reconversion, assistance for disadvantaged persons, intervention payments on the grain market and measures to promote Romanian products on other markets, or events.

Last year, almost 1.7 billion euros flowed into the Romanian farmers' accounts through APIA, of which 1.1 billion euros were from the EU, and the difference came from the state budget; this was the largest amount absorbed from EU funding.

TheCropSite News Desk

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