16/09/2015

Aid Package Secured For Irish Farmers

A substantial aid package for Irish farmers has been secured by the Minister for Agriculture, Food and the Marine, Simon Coveney.

The aid package is part of a wider package of measures put together by the EU Commission to address difficulties in the dairy and pigmeat sectors.

Speaking after the informal meeting of EU Agriculture Ministers in Luxembourg, the Minister said: "The Package reflects the majority of the demands presented by Ireland to the Commission in our six point plan. In particular, the increase of more than 100% in the rate of private storage aid for skimmed milk powder is a very significant announcement.

"Together with the longer storage period now provided for, this will have a real impact on the market. The reintroduction of private storage aid for cheese and pigmeat and the improved aid rates and conditions will also help to bring the markets back into balance."

The Minister welcomed the award of almost €14m in direct aid to Ireland and the maximum flexibility announced by the Commission in the use of these funds.

"We will now consider with our stakeholders how best to utilise these funds to support Irish farmers," the Minister added.

(MH/JP)

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