| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/10/1284 (04.10.10) |
| Publication Date | 04/10/2010 |
| Content Type | News |
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Food aid plans submitted by Member States for the 2011 Aid for the Needy Scheme were voted in the Single CMO Management Committee in October 2010. In 2011 20 Member States will use the scheme – with the Czech Republic participating for the first time. Originally designed to provide surplus stocks of farm produce ('intervention stocks') to needy people, the scheme was amended in the mid-1990s to make it possible to supplement intervention stocks with market purchases in certain circumstances. However, this year existing intervention stocks (cereals, milk powder, limited quantities of butter) cover most of the needs for the 2011 plan, so only limited recourse to market purchases is necessary. The allocated budget of 500 million Euros is the same as for the 2009 and 2010 plans. The scheme for 2011 is not related to the recent adapted proposal to adjust the scheme in future. The 2011 plan will now be adopted by the Commission in the near future. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/1284&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Business and Industry |
| Countries / Regions | Europe |