Agriculture, Baltic States – CIS, EU – Baltic States, Financial Services, Markets and Companies

The funding, on top of EUR 125 million approved in August, aims to support fruit and vegetable prices which have fallen sharply since Russia closed many of its markets to EU farmers in retaliation for Western sanctions.

The August package, however, was suspended earlier this month after the full budget application was allocated amid suspicions that some of the claims were "questionable".

The European Commission then promised it would introduce a more clearly targeted package in due course.

As reported, Russia's embargo, introduced in August, applies to beef, pork, fruit, vegetables, poultry, fish, cheese, milk, and dairy products imported from the EU, the United States, and other western countries that have imposed sanctions against Russia.