March 25 (SeeNews) - The European Commission (EC) approved a Bulgarian state aid scheme totalling up to 170 million levs ($94.1 million/86.9 million euro) to support agricultural producers impacted by Russia's war on Ukraine, the agriculture ministry in Sofia said on Monday.
The aid, disbursed as direct grants capped at 280,000 euro ($) per beneficiary, will cover part of the losses of ruminant breeders and beekeepers, along with fruit and vegetable, rose, vineyard and tobacco producers, the ministry said in a press release.
You can download the 2023 Agriculture industry in Southeast Europe report here
Developed under the Temporary Crisis and Transition Framework, the grants apply for the framework's entire duration, from March 2022 to the end of June 2024, taking into account the total aid received by each agricultural producer during this term.
Earlier this month, the EC gave the green light to a Bulgarian state aid scheme of up to 120 million levs in support of grain and oilseed producers affected by Russia's war on Ukraine.
(1 euro = 1.95583 levs)