Close Menu
Newsweek ArabiaNewsweek Arabia
    Latest Posts

    RAK Chamber, China’s CISMEF sign agreement to boost trade, investment ties

    June 19, 2026

    MENAFATF participates in inaugural Global Strategy Group meeting, FATF meetings in Paris

    June 19, 2026

    Project Management Institute honours Dubai Police for excellence in delivering projects, initiatives

    June 19, 2026
    Facebook X (Twitter) Instagram
    Newsweek ArabiaNewsweek Arabia
    Facebook X (Twitter) Instagram
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Newsweek ArabiaNewsweek Arabia
    Home»Business»EU to mobilise €540 million financial relief for farmers facing fertiliser crisis
    Business

    EU to mobilise €540 million financial relief for farmers facing fertiliser crisis

    Editorial teamBy Editorial teamJune 15, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    BRUSSELS, 13th June, 2026 (WAM) — Today, the European Commission presents strong measures to help farmers facing sharply rising fertiliser costs and to support Europe’s food security, delivering on the recently announced Fertiliser Action Plan.

    In recent months, geopolitical tensions and supply disruptions have pushed prices of fertilisers up across Europe. To address this situation, the Commission is proposing two concrete measures.

    Firstly, the Commission is providing financial relief to help farmers buy fertilisers to guarantee their next crops. In the coming weeks, the Commission aims to mobilise €540 million in total.

    Earlier this week, the Commission proposed to boost the agricultural reserve with an additional €300 million from the EU budget 2026 on top of the remaining funds. The Member States will be able to top it up by up to 200% of national funds, bringing it to a potential total of €1.5 billion.

    Secondly, the Commission proposes targeted adjustments to the Common Agricultural Policy, enabling Member States to provide farmers with faster and more flexible support to access fertilisers. These measures include a new liquidity scheme under rural development for crisis support, the option for Member States to pay direct payments to farmers earlier, and the possibility for Member States to adjust their direct payment budget for calendar year 2027.

    Source: Emirates News Agency

    Related Posts

    RAK Chamber, China’s CISMEF sign agreement to boost trade, investment ties

    June 19, 2026

    MENAFATF participates in inaugural Global Strategy Group meeting, FATF meetings in Paris

    June 19, 2026

    UAE, France explore opportunities to strengthen cooperation in tourism, aviation, SMEs, entrepreneurship

    June 19, 2026
    Don't Miss
    Business

    RAK Chamber, China’s CISMEF sign agreement to boost trade, investment ties

    By Editorial teamJune 19, 2026

    GUANGZHOU, China, 19th June, 2026 (WAM) — Ras Al Khaimah Chamber of Commerce and Industry…

    MENAFATF participates in inaugural Global Strategy Group meeting, FATF meetings in Paris

    June 19, 2026

    Project Management Institute honours Dubai Police for excellence in delivering projects, initiatives

    June 19, 2026

    UAE focusing on building AI system to predict, prevent humanitarian crises

    June 19, 2026
    Our Picks

    RAK Chamber, China’s CISMEF sign agreement to boost trade, investment ties

    June 19, 2026

    MENAFATF participates in inaugural Global Strategy Group meeting, FATF meetings in Paris

    June 19, 2026

    Project Management Institute honours Dubai Police for excellence in delivering projects, initiatives

    June 19, 2026

    UAE focusing on building AI system to predict, prevent humanitarian crises

    June 19, 2026
    Facebook X (Twitter) Instagram Pinterest
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    2026. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.