The 66th Correspondence Meeting of the Government of the Republic of Slovenia
At today’s correspondence meeting, the government adopted a draft amendment to the Insurance Act and a regulation on direct payments under the strategic plan of the Common Agricultural Policy and on the implementation of interventions in the apiculture products sector. It also confirmed emergency temporary support for farmers and small and medium-sized enterprises in the wake of the Russian invasion of Ukraine.
The aim of the proposed amendment to the Insurance Act is mainly to adjust in line with inflation the amounts set for the minimum capital requirement and for the definition of large risks that insurers are required to co-insure, in line with the European directive on insurance and reinsurance.
The amendment also clarifies the provisions on the compulsory liquidation of an insurance company. In particular, we are removing the arrangement whereby shareholders retain the power to approve the liquidator's proposal for the distribution of assets to shareholders in the event of compulsory liquidation.
The government has issued the regulation on direct payments under the Common Agricultural Policy Strategic Plan 2023-2027, which defines the conditions for the implementation of interventions in the form of direct payments under the Common Agricultural Policy Strategic Plan. It identifies the applicants for direct payments, the general conditions for eligibility for direct payments (carrying out an agricultural activity, having at least one hectare of eligible land or EUR 100 for combined income support applications, fulfilling the conditions of an active farmer) and the gradual reduction of payments.
It also adopts a regulation on the implementation of interventions in the apiculture products sector financed by the European Agricultural Guarantee Fund and the European Agricultural Fund for Rural Development. The regulation is the basis for the implementation of interventions in the apiculture products sector in the period 2023-2027 and determines the content and implementation of the interventions by specifying, among other things, the entry conditions, beneficiaries, duration of the commitment, sub-interventions and the conditions for their fulfilment in each sub-intervention. The interventions will cost EUR 6.4 million between 2023 and 2027, half of which will come from the budget of the Republic of Slovenia and half from the EU budget.
The government has approved emergency temporary support for farmers and small and medium-sized enterprises in the wake of the Russian invasion of Ukraine by adopting a regulation on the implementation of emergency temporary support measures for farmers and small and medium-sized enterprises active in the processing or marketing of agricultural products. The new measures provide a lump-sum to compensate for part of the additional costs incurred as a result of the increase in producer prices, not covered by other aid in the fruit, horticulture and pork sectors. The measures also provide support for start-up investments following an increase in the price of construction materials compared to the prices at the time of the call for tenders and the higher costs of making the investment, as they were not able to benefit from this increase by revising the maximum allowable values in the catalogue of costs.