€2.5 million for animal farmers affected by Covid-19

The European Commission has approved a €2.5 million Maltese scheme to support animal farmers affected by the coronavirus outbreak.

The purpose of the scheme is to help animal farmers in addressing the liquidity shortages they are facing due to the coronavirus outbreak as a result, among others, of the halting of the catering and hospitality sectors. The aid will not exceed €100,000 per company active in the primary agriculture sector as provided by the Temporary Framework.

The scheme was approved under the State aid Temporary Framework. Under the scheme, public support will be provided in the form of a direct grant.

The Commission concluded that the measure is necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, in line with Article 107(3)(b) TFEU and the conditions set out in the Temporary Framework. On this basis, the Commission approved the measure under EU State aid rules.