EU Commission Launches Plan to Address Fertiliser Costs
The European Commission's plan offers immediate farmer relief and long-term strategies for domestic fertiliser use, as nitrogen fertiliser prices jumped over 70% in April, the Commission stated.
7 Articles
7 Articles
The EU has presented a fertiliser action plan designed to cushion the exploding prices. Is the measures sufficient?
EU fertiliser plan exposes link between energy and food bills
Critics argue that the European Commission's plan, framed as a rescue package for farmers squeezed by soaring energy costs, geopolitical disruption and mounting pressure on food production, falls short of providing short-term relief for consumers facing high grocery bills.
The measures are taken under the conditions in which part of the world's fertilizer production is linked to the gas in the Middle East and the passage through the Ormuz Strait.
EU Commission to Issue Measures Addressing Fertilizer Costs
BREAKINGEurope is preparing an emergency response to a sharp rise in fertiliser costs, as the European Commission readies a package of measures aimed at easing pressure on farmers after disruption in the Strait of Hormuz choked supplies of key ingredients. Among the steps under consideration is liquidity support for farmers, alongside more flexible advance payments […]
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