The European Commission (EC) has earmarked 12.63 million euros in support to Lithuania’s dairy farmers, who sought a much larger amount of 32 million euros.

The Commission last week announced a 500-million-euro support package to support European farmers hit by the fall in pork prices, the impact of the Russian sanctions, extremely low milk prices and this summer’s drought.

According to the Agriculture Ministry, the Commission has also earmarked 8.45 million euros for Latvia and 7.56 million euros for Estonia.

It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

New global sales trends have not bypassed Lithuania: “” has announced two-week sale festival

Traditionally, November is a very busy month for global trade sector as everybody looks forward to new...

Higher oil prices boost inflation

Annual inflation accelerated to 2.9% in October compared to 2.4% in September. On a monthly basis...

Railsbank opens new office in Lithuania

Railsbank, a leading UK-based open-banking and RegTech platform, has opened a new office in Vilnius,...

Reduced Klaipėda seaport charges for container ships to boost the development of shipping

In order to create more favorable conditions for container ships, entering the Klaipėda seaport, the...

A digital creative agency has come up with the idea of how to attract more tourists to Vilnius

The Gediminas Castle, the Hill of Three Crosses and Užupis are probably the most popular tourist...