Posts Tagged ‘ELGA’

European Commission investigates aid to Greek farmers

Sunday, January 31st, 2010

Greek FarmersThe European Commission said it started a formal investigation of the decision last year to relax the protesting farmers when Greek aid amounting to 425 million EUR. Amount styled as “compensation” was intended to be distributed by Greek organizations for insurance of agricultural production (ELGA) in 2008-2009 European Commission wants to check whether the aid is compatible with the common market. The launch of the official procedure will enable the Commission to gather all the information that must be assessed and assistance to enable interested parties to submit their views, specifying the press office of the Commission. Greece has already asked to provide explanations regarding this decision within a month. Summary of the Commission’s decision will be published in the Official Journal of the European Union.
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