The European Commission has green-lighted a 70 million euro Cypriot scheme to compensate damages from adverse climatic events in the agricultural sector until up to 2030, according to a press release.
The scheme is aimed at supporting farmers who have sustained damage to their crop and livestock production or to their fixed assets, stored products and production equipment due to adverse climatic events which can be assimilated to a natural disaster, such as storms, frost, hail, snowfall, heavy or untimely rainfall, high temperatures, temperature fluctuations, drought, extreme air conditions, and dust in the atmosphere.
Under the scheme, which will run until 31 December 2030, the aid will take the form of direct grants. The maximum amount of aid per beneficiary is €150,000 per year (and €500,000 over a period of five years).
Related Posts
Passenger traffic in Cyprus’ two airports “best ever” for first half of 2024
June 2024 passenger traffic at Larnaca and Paphos airports reached 1,300,041 passengers, marking an increase of 5.04% compared to 2023, Read more
19-year-old injured in balcony fall amid fight!
19-year-old Hussaın Al FATİH HASS is reportedly in hospital after falling from an apartment balcony. A fight broke out in Read more
