European farmers eligible for direct payments are set to receive £371m which was levied from farmers last year to increase the European Union's crisis reserve fund.
A relevant amount is deducted every year from farmers' direct payments in order to create a yearly agricultural crisis reserve with the UK farming industry set to receive just over £33m.
European Union farm commissioner Phil Hogan said he was pleased the Commission was able to respond to situations without having to use the reserve.
Mr Hogan said: "2016 has been a difficult year for many farmers and a number of market sectors in particular. I am pleased that the Commission has been able to respond with a series of additional measures, without having to trigger this last resort, the agricultural crisis reserve. This means that we have been able to react without reducing EU income support to the farming sector."
The biggest repayment is being made to the French farming industry, which will get back €90m, while Germany will get €60m and Spain will receive just over €55m. The Irish farming repayment is €13.6m.
Since its introduction within the 2013 reform, the crisis reserve has not been used. The deduction only applies to direct payment amounts above €2000 and did not yet apply in Bulgaria, Croatia and Romania in budget year 2016 because the Direct Payments amounts were still not fully phased in in these Member States.
