Tuesday 5 March 2013

The Coming Crisis: Irish ordered to pay €600k back to Europe for not following Rules

The Coming Crisis
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Irish ordered to pay €600k back to Europe for not following Rules
Mar 6th 2013, 05:17

Ireland is to pay back over €600,000 to the European Commission for its failure to comply with rules on agricultural spending.

The majority of the money, some €397,000, is to be clawed back by the Commission because of weaknesses in Ireland's Early Retirement Scheme and Young Farmers' Installation Scheme.

It is believed that the Commission was highly critical of weaknesses of part of the Early Retirement Scheme in which agricultural advisers provided declarations or certificates vouching that the farmer had farmed for 10 years preceding the farm transfer and that the transferee had a specific number of years experience in farming.

http://www.independent.ie/business/farming/irish-ordered-to-pay-600k-back-to-europe-29108448.html

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