In order to respond to the consequences of natural disasters occurring on or after 1 January 2024, a new exceptional and temporary measure (the new measure) should be provided for addressing the liquidity problems that put at risk the continuity of farming and forestry activities and the continuity of business activities of small and medium-sized enterprises (SMEs) active in the processing, marketing or development of agricultural and forestry products. Moreover, support for restoration of agricultural production potential available under Regulation (EU) No 1305/2013 of the European Parliament and of the Council should be reinforced by providing more budgetary flexibility as regards the non-regression threshold provided for in Article 1(2) of Regulation (EU) 2020/2220 of the European Parliament and of the Council (the non-regression threshold).
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
