§ Earl Peelasked Her Majesty's Government:
What percentage of the recent rescue package for agriculture announced by Lord Donoughue on 16 November comes from the European Union and how much comes from the United Kingdom's Government. [HL44]
§ Lord DonoughueOf the components of the aid package, about 21 per cent. of the increase payable through Hill Livestock Compensatory Allowances will be EU-funded. The agrimoney compensation and the amounts paid under the Calf Processing Aid Scheme are fully EU-funded. However, the operation of the UK's Fontainebleau abatement means that the UK exchequer effectively contributes about 71 per cent. of the cost of EU payments.