Bulgaria Farmers Receive Late 2009 Land Subsidies

Society | February 5, 2010, Friday // 12:21| Views: | Comments: 0
Bulgaria Farmers Receive Late 2009 Land Subsidies: Bulgaria Farmers Receive Late 2009 Land Subsidies The BGN 302 M payments of which BGN 150 M is national co-financing are currently being transferred to farmers’ bank accounts. Photo by bg-houses.com

The Bulgarian Agriculture Ministry has announced that the unpaid per decare direct subsidies for 2009 are currently being handed out to farmers.

The BGN 302 M payments of which BGN 150 M is national co-financing are currently being transferred to farmers’ bank accounts. Another BGN 102 M of EU and national funding is being paid for 4000 agriculture land projects and BGN 50 M for non-farmed areas.

In December 2009 payments of BGN 503 M were made to farmers from the EU funding per decare of land – BGN 16,23. The current national co-financing adds an extra BGN 7,55 on to this payment.

Bulgarian farmers protested on a small scale in December 2009 over the late payments but after re-assurances from Bulgaria Agriculture Minister, Miroslav Naydenov, they cancelled their action.

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Tags: farmers, subsidies, Agriculture Ministry
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