7.4 billion forints will be reimbursed to the producers

(Photo: Pixabay)

Following the practice of previous years, an EU-level reserve had to be formed last year as well to deal with serious crises affecting agricultural markets. This source was provided by the European Commission every year at the expense of direct subsidies, using the so-called financial discipline mechanism. This mechanism also had to be applied in 2022 to all direct payments per producer exceeding 2,000 euros. Based on EU regulations, amounts taken from farmers but not used must be paid back to those concerned.

AM