Wednesday, April 19, 2023

EU preparing 100 million-euro compensation for Ukrainian grain only for countries bordering Ukraine

A European Commission spokesperson said the European Union is preparing 100 million euros ($109.4m) of compensation for farmers in countries bordering Ukraine.



Pressure has been mounting on Brussels to work out an EU-wide solution after Poland and Hungary announced bans on Ukrainian grain imports.

The Commission, which oversees trade policy, will take what it described as “preventative measures” for specific grain and oil seeds categories.

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 The technical government of Bulgaria has decided to ban import of a number of products from Ukraine from April 24 to June 30. Bulgarian Agriculture Minister Yavor Gechev announced this at a briefing following the meeting of the Cabinet of Ministers.

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