The Cyprus Agricultural Payments Organisation (CAP) announces that payments totalling €893.028, to the beneficiaries of categories (e), (f), (g) and (h), who participated in the "State Aid Scheme under the Temporary Crisis Framework for State Aid Measures to Support the Economy after Russia's Attack on Ukraine to the agricultural and livestock sectors and organised groups active in agriculture/livestock farming".
In particular, the categories to which the beneficiaries concerned fall are as follows:
- Category (e) - recognised groups and organisations of producers of plant production
- Category (f) - recognised groups of sheep and goat farmers
- Category (g) - cooperative companies operating in the same areas and for the same products as the groups in category (e)
- Category (h) - cooperative companies operating in the production and sale of 'base wine' for the production of PDO Coumandaria wine.
The Cypriot economy has been significantly affected by the measures taken to contain the spread of Covid-19. These measures have had a particularly significant impact on the primary sector, which has not been able to get on the road to recovery after the lifting of the restrictions as we have seen production costs soar due to the huge increase in feed, energy and fertiliser costs. In Cyprus, where a significant proportion of foreign tourism is made up of Russians and Ukrainians, additional problems have been created by the sanctions imposed on Russia, resulting in no Russian tourists and a much reduced number of Ukrainian tourists as their country is at war. Although the tourism industry has made up for a significant number of tourists from these countries in terms of bed occupancy with visitors from other destinations, this significantly affects certain agricultural products that were particularly attractive to these visitors.
Therefore, this aid was granted for the purpose of providing financial assistance to these beneficiaries.
The financing came entirely from funds of the Republic of Cyprus.
(NΓ/EXP)
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