Written answers
Tuesday, 13 March 2012
Department of Agriculture, Marine and Food
Credit Guarantee Scheme
8:00 pm
Gerald Nash (Louth, Labour)
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Question 481: To ask the Minister for Agriculture, Food and the Marine if he has made representations to have primary agricultural activities included in the forthcoming credit guarantee scheme; and if he will make a statement on the matter. [13467/12]
Simon Coveney (Cork South Central, Fine Gael)
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The proposed Temporary Partial Credit Guarantee Scheme is to operate under the EU De Minimis State Aid rules. In the light of the particular restrictions under these rules, primary production in agriculture, horticulture and fisheries is specifically excluded from the scope of this scheme.
The relevant regulations are:
Commission Regulation (EC) No 1998/2006 on the application of Articles 87 and 88 of the Treaty to de minimis aid
Commission Notice on the application of Articles 87 and 88 of the EC Treaty to State aid in the form of guarantees (2008/C 155/02)
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