News

The Commission proposes to mobilise additional EU funding for EU farmers impacted by adverse climatic events, high input costs, and diverse market and trade related issues. The new support package will consist of €330 million for 22 Member States. In addition, Member States today approved the €100 million support package for farmers in Bulgaria, Hungary, Poland, Romania and Slovakia presented on 3 May. Several other measures, including a possibility of higher advance payments should support farmers affected by adverse climatic events.

Ukraine aims to clear and bring 80% of potentially contaminated land back into productive use within ten years. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, in her speech at the session on humanitarian demining held on 22 June as part of the Recovery Conference in London.

As a result of the Recovery Conference in London, Ukraine has succeeded in attracting additional financial resources for reconstruction, building a business coalition for investment, and strengthening coordination with international partners. This was stated by Prime Minister Denys Shmyhal at the closing press conference.

Astarta is to receive a USD30m financing package from the European Bank for Reconstruction and Development (the EBRD) to help the Company become more resilient under adverse conditions caused by the russia’s war against Ukraine.