Minister for Agriculture, Food and the Marine, Michael Creed T.D., today welcomed the announcement by the European Commission, that the maximum threshold limits under the agriculture de minimis regulation have increased from €15,000 up to €25,000.
“I have said that the State will not be found wanting when it comes to supporting the Irish agri-food sector and farmers when it comes to Brexit.” Minister Creed said.
“The increase in the agriculture de minimis limits is a very important first step and I am grateful to the Commissioner for his response on this issue.”
Minister Creed recently met with Commissioner Hogan to discuss this and other state aid issues, as well as the need for direct support from the Commission in the context of Brexit.
The Commissioner confirmed that the Commission was ready to respond as appropriate.
Irish cheese producing company
Minister Creed also welcomed the announcement from the European Commission that it has given State Aid approval for national investment in an Irish cheese producing company - Carbery Food Ingredients Ltd.
Referring to the announcement, Minister Creed said, “This approval is an important precedent, and can provide a template for the assistance of companies in the agri-food sector within the state aid rules and regulations.”