The aid is increased by 20 million euros, to the support measures of 170 million euros that have already been announced, as announced by the Minister of Finance Christos Staikouras during the wide meeting he had with representatives of the Coordinating Committee of the Panhellenic Bloc, in the presence of the Minister of Rural Development and Food, George Georgantas and the Minister of Environment and Energy, Costas Skrekas.
At the meeting, which was also attended by the Deputy Minister of Rural Development and Food, George Stylios and the Deputy Minister of Finance, Apostolos Vesyropoulos as well as business executives of the Ministry of Regional Development, Mr. Staikouras stressed that the total amount of excise duty refund rises from 50. EUR 60 million.
The amount of the refund will be limited by the number of acres and the years of cultivation as declared in the IACS, in combination with the diesel purchase invoices, as declared by the fuel trading network to the tax authority (Mydata).
Also, in the delimitation of the subsidized liters per acre, the amount of the declared revenues from the production of the years 2019, 2020, 2021 will be taken into account.
It was stressed that the exact limits of subsidized liters per acre and type of crop, combined with the amount declared, will be known after the completion of IACS declarations in October, with the return of the EFC expected to take place in November.
As far as breeders are concerned, it has been announced that the method of calculating the subsidy to cover the increased cost of feed has been changed. Specifically, instead of covering the first quarter of 2022 with 7% of the turnover, the subsidy will now rise to 4% of the turnover of the second half of 2021, with the total cost expected to increase to 40 million euros, from 30 million euros that was until today.
Source: Capital
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