On Tuesday, the European Commission decided to allow EU countries to pay up to €50,000 in subsidies to farmers over three years without prior approval, as well as several other measures to appease the bloc's outraged farmers.

The increase from the previous €25,000 is aimed at cutting red tape and helping farmers „fight inflationary pressures and high prices“, EU Competition and Climate Commissioner Teresa Ribera said in a statement.

Increased flexibility – the latest step based on the EU executive's negotiations with the farming sector after farmers across the European Union began protesting against reduced incomes and burdensome red tape.

The EU's top competition watchdog said the changes to payments were aimed at recognising the „exceptional, sector-specific inflation“ that has prevailed in agriculture in recent years, linked to energy costs and supply chain disruptions.

In addition, the European Investment Bank (EIB), together with the European Commission, announced a €3 billion loan package for young and new farmers, as well as women farmers, to boost investment in the EU's agricultural sector.

The Brussels Authority has also taken action to strengthen farmers' position in negotiations with retail and wholesale suppliers. This includes stronger written contracts between farmers and their customers and a clearer definition of a fair market price for products such as milk. These proposals will be further examined by the European Parliament and EU countries.