– Government can, and should, match the existing EU funding –
Fianna Fáil is calling on the Agriculture Minister Michael Creed to match the EU’s Agri Solidarity Package by investing €11m for hard pressed farmers.
TD for Cavan-Monaghan Brendan Smith explained, “This is a very important source of funding for farmers and will help ease the impact of the current price volatility. The package can be used to help with production costs, co-operation projects and certain cash flow reliefs.
“The Minister, should I feel double the fund, via a national 100% top up. This is allowed for in the EU regulations, and will not be a breach of state aid rules.
“Farmers across Cavan and Monaghan are facing severe cash flow difficulties, and massive fluctuations in prices. This top up will provide some assistance for farmers in meeting ongoing costs.
“Most farmers are eligible to apply for this source of funding, and I would call on the Minister to immediately clarify the measures that his Department will make available so that farmers will be able to draw down these vital funds”, he concluded.