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GENERAL INFORMATION

GENERAL INFORMATION. 2000-2006: COMMUNITY SUPPORT FRAMEWORK 4 bulletins for young farmers installation aid 2 bulletins for I mproving P lans. 12.000 young farmers joined in 3.500 joined out Maximum financial aid: Mountain areas: 25.000€ Disadvantaged areas: 20.000€

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GENERAL INFORMATION

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  1. GENERAL INFORMATION 2000-2006: COMMUNITY SUPPORT FRAMEWORK 4 bulletins for young farmers installation aid 2 bulletins for Improving Plans

  2. 12.000 young farmers joined in • 3.500 joined out Maximum financial aid: • Mountain areas: 25.000€ • Disadvantaged areas: 20.000€ • Flat land areas: 15.000€ For investments in agricultural holding • Aid can not exceed the amount of 225.000€ • Support for YF up to 60%

  3. 2007-2013: COMMUNITY SUPPORT FRAMEWORK 2 bulletins for young farmers installation aid 8.500 young farmers Maximum financial aid: • Mountain areas: 40.000€ • Disadvantaged areas: 35.000€  • Flat land areas: 30.000€ For investments in agricultural holding • Aid can not exceed the amount of 500.000€ for dairy and 240.000€ for plant sector • Support for YF up to 60% / 2

  4. Case study example • Young farmer from Greece • Name: Christos Dimou • Age: 31 • Family company 90 hectars • 40he. own land – 50he. rent land • Cultivations : 20he. Cotton, 15he. Maize, 40he. Cereals, 8he. Water melons, 4he. Olive oils and 2he. clover

  5. February of 2002 application for young farmers installation aid (11h own,9h rent) • August of 2002 approval • Cost of file study: 1000€ • 2004 bought 3h field with 30.000€ loan (rate1,52% ,subsidizing rate 80%) • 2006 application for investment in agricultural holding • Cost of file study: 3000€

  6. Machinery costs • Tractor 106.960€ • Fertilizer 1.419€ • Drip irrigation (cotton) 6.088€ • Hydraulic harrows 7.300€ • Precision seeding 16.500€ • Spray 7.900€ • Total costs 146.167€

  7. Farm building costs • Store 375 sguare meters • Building permit 3.298€ • Cost 67.500€ • (foto)

  8. Total investment • Totals 218.967€ • Aid 60% 131.380€ • Rest 87.587€ 1)Excesses 37.587€ 2)Loan 50.000€ with 6,22% rate for 10 years

  9. Land costs • Depends from the area and if it is irrigated • For example : • In mountain and disadvantaged areas you can pay 7.000-10.000€ per hectare • In flat land areas and irrigated 20.000-25.000€per hectare

  10. Labour costs

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