€50m set to be issued to AEOS and REPS participants in the next week
“Around €50m will issue to AEOS and REPS participants in the next week. These payments represent the initial 75% payment which my department is allowed to release following the completion of detailed administrative checks,” he said. “In accordance with EU regulations these checks must be completed on all applications before any payments can issue.”
The total expenditure on the REPS and AEOS schemes in 2013 will be around €200m. Payments under the disadvantaged areas and single payment schemes began on Sep 25 and Oct 16 respectively.
