Boost for promotion of EU agricultural products as medium-term response to Russian embargo

EU News 363/2014

Brussels, 3 September 2014
IP/14/961

The Commission has today confirmed its intention to provide an additional €30 million of EU funding for CAP promotion programmes starting in 2015, on top of the €60 million that is foreseen annually in the CAP budget. As these schemes are co-funded, this change is likely to mean an additional 60 million EURO for promotion measures. Aimed at alleviating the impact of the Russian measures against certain EU agricultural products, this additional effort will start with the promotion programmes that need to be submitted by the end of September.

Source and additional information:
http://europa.eu/rapid/press-release_IP-14-961_en.htm?locale=en

Press conference by Dacian Cioloş, Member of the EC, on the potential impact of the Russian measures against EU agricultural products and the EU response so far. Date: 03/09/2014 Reference: P-026149/00-01 Location: Brussels - EC/Berlaymont (C)EU, 2014 URL

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