15 Sep 2015
EUROPEAN COMMISSION DAILY NEWS – 15 SEPTEMBERBrussels Daily
The Commission unveils the modalities of its €500 million support package for farmers
Commissioner Phil Hogan presented today to EU Agriculture Ministers the details of the €500 million support package announced last week to support European farmers. “This is a comprehensive, decisive and robust support package. It is a significant statement of support by the Commission for European agriculture. It reflects in a very concrete way the comment of President Juncker in his State of the Union speech last week, when he described himself as a strong supporter of the CAP”, said the Commissioner for Agriculture and Rural Development. All 28 Member States will receive substantial aid worth €420 million in total, allocated in a fair, targeted and effective way to address problems in the dairy and pigmeat sectors, while allowing Member States maximum flexibility in targeting the aid. Other measures include new Private Storage Aid schemes for dairy and pigmeat and the possibility of advancing direct payments. For more information please see here.
EUROSTAT: Euro area international trade in goods surplus €31.4 billion
The first estimate for euro area (EA19) exports of goods to the rest of the world in July 2015 was €185.2 billion, an increase of 7% compared with July 2014. Imports from the rest of the world stood at €153.8 billion, a rise of 1% compared with July 2014. As a result, the euro area recorded a €31.4 billion surplus in trade in goods with the rest of the world in July 2015, compared with +€21.2 in July 2014. Intra-euro area trade rose to €147.0 billion in July 2015, up by 4% compared with July 2014. A press release is available here.
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