Ireland is waiting to see the terms and conditions of the €50m in funding from Brussels before it decides how the Brexit beef compensation is rolled out to farmers, An Taoiseach Leo Varadkar said on Tuesday.
Fifty-million euro in exceptional aid is to be provided to beef farmers given the collapse in beef prices in recent months. Ireland “will have to provide matching funding”, Varadkar said. This brings the total fund to €100m.
He added: “We do not yet have the terms and conditions from the Commission, but as soon as we get them we will be able to develop a scheme and ensure that farmers get the money they need as soon as possible.”
However, speaking to the Irish Farmers Journal on Monday this week, EU Commissioner for Agriculture Phil Hogan said that it will be up to the beef industry and the Department of Agriculture in Ireland to decide how the scheme is rolled out.
It will be a matter for Minister Creed to sit down with the beef sector to work out how it’s going to be paid
“We didn’t launch the inter-service consultation within the Commission yet, which we will launch this week,” Commissioner Hogan said on Monday. "Therefore, it will be a matter for Minister Creed to sit down with the beef sector to work out how it’s going to be paid.”
Once the implementing regulation has been adopted by the Commission, it then has to be voted on by the member states in a management committee. It will be following this committee approval that the Department of Agriculture can devise the scheme.
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