Source: European Parliament
In claim year 2023, Greek cotton producers received EUR 734 per hectare (plus top up when the producers are members of an inter-branch organisation, where applicable) based upon the reference values fixed in the Strategic Plan Regulation[1].
The Commission is closely monitoring the current situation, but a legal change to increase the reference amount and the earmarked budget is not planned.
Member States can also use other instruments including state aid, to design their sectoral support strategy. The available tools range from Basic Income Support for Sustainability (e.g. regionally differentiated for agronomic reasons to further improve all farmers’ viability in the region concerned) to improve the farmers’ viability, to investments to improve their competitiveness and resilience to eco-schemes to support sustainability of cotton production. Some of these investments could also be supported by Greece’s financial instrument.
Additional relevant tools can be risk management (e.g. insurances), sectoral interventions that also can support producer groups or agri-environment-climate measures.
- [1] Regulation (EU) 2021/2115 of the European Parliament and of the Council (OJ L 435, 6.12.2021, p. 1.).