EUR 4 million grant from EU for the reimbursement of farmers damaged by massive flooding

EUR 4 million grant from EU for the reimbursement of farmers damaged by massive flooding

Farmers, whose products and cultivated lands were damaged due to massive flooding in the beginning of 2015, will be reimbursed by the Ministry of Agriculture through a fund provided by the European Union.

The reimbursement scheme was announced by the Minister of Agriculture Edmond Panariti in a press interview, according to which “during the next week, the Ministry and the EU will sign an agreement for the reimbursement of farmers who suffered heavy damages and losses due to floods.” The announcement of the Ministry says EU will accord a fund of EUR 4 million to the Ministry to reimburse farmers.

The Ministry says it has identified farmers who were damaged the most from the flooding and have made the estimations of the total costs of damages. According to the Ministry, the reimbursement will be made through direct payments to farmers at an amount of EUR 2 million while the remaining amount of the fund will go for investments in infrastructure and in establishing alert systems in order to prevent the repetition of such situations during this winter.

Massive flooding hit southern Albania on February 2015, by causing enormous damages in farms, warehouses and houses of families living in areas of Fier, Korce and Vlore.

News source/photo credits: ATA


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