HYPAAT: Payments of almost 2.2 billion euros in the agricultural sector by the end of 2024

The money that will be credited to the accounts of farmers and breeders until the end of 2024, according to the planning of the Ministry of Rural Development and Food (YPAAT), in collaboration with OPECPE.

Specifically, the 2,162,883,808.28 euros refer to payments both to Programs and Measures of the 2014-2020 Rural Development Program (RDP) and to subsidies that farmers will receive through the Common Agricultural Policy 2023-2027 (CAP).

Augenakis: Our goal is a modern primary sector

“The payments of approximately 2.2 billion euros expected by the end of 2024 to farmers, confirm something extremely important: that for the government of the New Democracy the strengthening of the primary sector is a primary political option. Historically, ND’s relationship with farmers is strong. And it is becoming stronger with a series of PAA projects and the implementation of the CAP, despite the great bureaucratic difficulties it has in its implementation,” said the Minister of Rural Development and Food, Lefteris Avgenakis, to the Athenian-Macedonian News Agency.

The goal of the HYPAAT according to the responsible minister is «a modern primary sector which with our decisions we build on strong foundations and with infrastructures that facilitate the work of farmers and, ultimately, contribute to reducing producer costs. We firmly believe that a strong peasantry means a strong Greek region, it means a strong Greece as a whole” he said and added “this is even more important in the critical times we are experiencing, as agricultural production is a decisive factor for ensuring food sufficiency and maintaining social cohesion, but also for the economic development of the country. We continue vigorously on the side of the farmers”.

Almost 220 million euros in the third quarter is paid by the Hypaat

As can be seen from the forecasts of payments by HYPAAT during the third quarter of the year, the producer farmers will be paid almost 219,255,649 euros.

As far as the Rural Development Program is concerned, the money that farmers will receive during the above period amounts to 146,556,829 euros, while the remaining 72,698,820 euros will come from the CAP.

In more detail, within the summer and until September, more than 85 million euros are expected for the Improvement Plans and Processing, as well as 14,451,479.85 euros for Anti-Quartz of ELGA.

Also, within the same period of time, 18.8 million euros will be paid for Leader and 1.1 million euros will be paid for geo-environmental measures (Confucius, Nitrogen pollution, etc.).

According to the planning, during the same period 10,415,290 euros will be credited for the Sectoral Program for Honey, while the Programs for fruit and vegetables (10,666,000 euros) and wines (15,630,000 euros) will be paid. Also, based on the programming of the Strategic Plan, in the third quarter of 2024 it is planned to pay the Linked Aid to Cotton in the amount of 35,737,530 euros.

The 4th quarter the big payments

As every year, this year too from October to December the big payments will be made to the world of the primary sector.

Neither more nor less, these are worth almost 2 billion euros and include, among other things, the payment of the Basic Support (697,692,584.74 euros), the Equalization Compensation (255,076,923 euros) but also the so-called “Ecological Schemes (425,000,000 euros).

In the last months of 2024, the 174,032,766 euros of Redistributive Support, the 109,306,176.20 euros of Organic Agriculture and Livestock, as well as the 28 million euros for the supplementary income support of Young Farmers.

Based on the planning of the HYPAAT and OPEKEPE, in the last quarter of the year the Improvement Plans and the Processing will be paid with the payment of 63 million euros, as well as the ELGA’s Anti-quartz, where the beneficiaries will receive 15,177,219.77 euros.

€12 million is the money that will be paid for Advice, €4 million for the training of Young Farmers and €3 million for the Organic Agriculture and Livestock Quality Systems.

Finally, for the education and training of the new Farmers, about 3.5 million euros will be paid, 2 million euros to Leader and 13,463,973 euros as support for processing/marketing and development agricultural products.