Charlie McConalogue
Question:182. Deputy Charlie McConalogue asked the Minister for Agriculture, Food and the Marine if the use of the EU CAP crisis reserve will result in a reduction of the funding of the basic payment. [40111/17]
View answerThursday, 21 September 2017
Questions (182)
Written answers
The financial discipline mechanism which is implemented by the Member States involves a monetary deduction from some direct payments thereby creating a financial Crisis Reserve for the European Union. This reserve is intended to provide additional support for the agricultural sector in the case of major crises affecting agricultural production or distribution. In the event that the Crisis Reserve is not activated in the financial year, or it is not fully utilised, the balance not used is refunded to farmers in the subsequent financial year.
For example, following notification from the Commission, in June this year some €13.6, million which had been deducted from the 2015 BPS payment under the financial discipline mechanism, was reimbursed to eligible 2016 applicants.