The European Commission has approved a Polish scheme worth around €53.6m to support corn farmers amid the war in Ukraine.
The scheme was approved under the State Aid Temporary Crisis and Transition Framework adopted by the Commission on 9 March 2023 to support sectors, which were crucial to transitioning to a green economy and reducing fuel dependency.
The new Framework is designed to prolong the Temporary Crisis Framework adopted on 23 March 2022 in order to allow Member States to support the economy in the context of a geopolitical crisis.
Two amendments have already been introduced with the scheme earlier, on 20 July 2022 and 28 October 2022.
Under the scheme, small and medium-sized corn trading companies will receive grants to ensure that they do not lose financial liquidity due to the lack of stability in the agricultural market.
The Commission considered that the scheme was necessary, appropriate and proportionate to address serious disruption to the Member State’s economy in accordance with Article 107(3)(b) TFEU and the conditions set out in the Temporary Crisis and Transition Framework. This support measure was therefore adopted in accordance with the EU State aid regulations.