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[Cyprus Times] "Price hike - the state uses every means". In the IEP. Agriculture increases production costs in agriculture and livestock

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"Chain price spike the state uses every means" In the Epilogue. Agriculture increases in production costs in agriculture-livestock

The large increases in production costs in the agricultural and livestock sector and the problems caused and the need to support the sector, were the focus of a session of the Agriculture Committee of the House of Representatives on Tuesday.

DISY MP Haralambos Pazaros said that the recent multifaceted increases due to the Ukrainian, led to a chain spike in prices[/B], both in the cost of production and in basic consumer goods that justify the adoption of measures and this, he said, has already been done by the current government.

As he said, in October 2021, 8.9 million euros were given to the livestock sector, in April 2022, financial support measures were announced for the affected sectors of sheep, goat, cow and pig farming for a total amount of 7 million and 614 thousand euros, and within the next few days, their payment will begin.

Moreover, the DISY MP added, the Council of Ministers, after discussing the problems caused by the recent increases, decided last Friday to provide additional financial support to the sector, under which another 9 million euros will be granted, of which 5 million from the European Union's Rural Development Fund and 4 million from the national budget. He noted that the support for the livestock sector has reached almost 26 million euros since October 2021 to date.

He stressed that our state is using every available instrument available from the European Union and within the framework established at the European level to support the livestock sector, noting that Cyprus is the first country among all the member states of the Union to take measures to support livestock farmers after Russia's invasion of Ukraine.

Cyprus is the first country among all the member states of the Union to take measures to support livestock farmers after Russia's invasion of Ukraine.

"Practically, we stand by the livestock sector, to the extent of our capabilities and to the extent that our finances allow, in the difficulties they face," he said."

Source: CNA


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