“We have exceeded the 95% minimum level set by Regulation no. 883/2006 by 2.77%, avoiding penalties for overdue payments,” says an APIA press release. “APIA disbursed EUR689.54 million through SAPS 2010 to 1,088,279 farmers. It also transferred EUR304.5 million in national direct complementary payments, for 2010.”
The area support schemes are financed by the European Agricultural Guarantee Fund (EAGF) and the state budget, through the budget of the Agriculture Ministry.
APIA also paid EUR22.03 million to 69,520 milk producers and EUR3.09 million to support ecological farming.