Brussels – A new extension until the end of the year for the provisions of the Temporary Crisis Framework for state aid “to address persistent market disturbances in the agriculture and fisheries sectors.” The decision came today (May 2) from the European Commission, just days after the expiration of the latest extension (also six months) of the current Temporary Crisis and Transition Framework (TCTF) to promote support measures in key sectors for the transition to a zero-emissions economy.
The scheme modification was approved under the Framework adopted by the EU Commission on March 9, 2023, and modified on November 20, 2023, to support measures in key sectors to accelerate the green transition and reduce dependence on fossil fuels. More specifically on agriculture, last April 11, the EU executive had consulted member states “on the persistence of a serious disruption of the economy affecting the primary sector,” just days before the Extraordinary European Council (April 17-18) reiterated “the importance of a resilient and sustainable agricultural sector for food security and the strategic autonomy of the EU.”
In this context, the Commission has decided to adopt a new limited extension of Section 2.1 of the Temporary Crisis and Transition Framework for the agriculture sector as well as fisheries and aquaculture. “The decision to delay the phasing out of the Framework allows member states to provide limited aid to companies active in these sectors for another six months, until December 31, 2024,” the Berlaymont recalls, “This will give member states more time to implement support measures if needed.”
However, the extension does not include an increase in the ceilings set for limited amounts of aid. Member states can continue to provide businesses affected by the crisis or subsequent sanctions and counter-sanctions—”including those from Russia”—up to €280,000 for the agricultural sector and up to €335,000 for the fisheries and aquaculture sectors.
English version by the Translation Service of Withub