ANNOUNCEMENT 18 Aug 2014

In August 2014, the European Commission announced a change in production support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Press Release concerning the scheme 18 August 2014
http://europa.eu/rapid/press-release_IP-14-932_en.htm

Press Release concerning the suspension 10 September 2014
http://europa.eu/rapid/press-release_IP-14-996_en.htm

EC regulation 913/2014
http://eur-lex.europa.eu/legal-content/en/TXT/?uri=CELEX:32014R0913

EC regulation 932/2014
http://eur-lex.europa.eu/legal-content/en/TXT/?uri=CELEX:32014R0932


Inception date: 18 Aug 2014 | Removal date: 17 Sep 2014
Still in force

Production subsidy

On 18 August 2014, the Commissioner for Agriculture and Rural Development, Dacian Ciolos announced an emergency compensation scheme for a variety of perishable goods, as a result of the Russian import restrictions for the respective goods.
 
The measure foresees market withdraws, compensation fornon-harvesting and green harvesting. The measure will be effective immediately and apply until 30 November 2014. The measure has an overall budget of EUR 125 million.
 
The measure affects the following products: tomatoes, carrots, white cabbage, peppers, cauliflowers, cucumbers, and gherkins, mushrooms, apples, pear, red fruits, table grapes and kiwis. The measure distorts international trade because it gives European exporters an advantage over its export rivals. Consequently, the list of affected countries consists of all exporting countries that are delivering goods to the same countries as the EU27 exporters.
 
Update:
The measure was suspended on 10 September 2014, as the financial ceilings in the regulation had been reached. A similar larger scheme was introduced on 29 September 2014 (cf. Related Measures).