Animals
Business
Crops
Environment
Food
General
Horticulture
Livestock
Machinery
Markets
Politics
Login
 
 
 
Submit to register and subscribe
(72,60 / year)
 
I forgot my password
Next articleVolgend Artikel

 13 sep 2018 23:43 

EC provides 87.8 million to support financing instrument for Romanian farmers


EU agriculture Commissioner, Phil Hogan signed today in Romania a European Investment Fund (EIF) financing agreement that will channel over 150 million, including 87.8 million from the EU budget, to Romanian farmers.

n a ceremony in Bucharest with Romanian agriculture Minister, Petre Daea and EIF Secretary General, Maria Leander, Commissioner Hogan said: "Financial instruments and access to credit for farmers has been a key priority for me as Commissioner for agriculture. Access to credit is essential for farmers to modernise and develop their agri-businesses. By investing to make their farms more competitive and more efficient, our farmers can improve their business prospects as well as reducing their climate and environmental impact. I commend the EIF for implementing this mandate, and I look forward to seeing how Romanian farmers and rural entrepreneurs make the most of this finance." Managed by the EIF under the framework of the Romanian rural development programme, this risk-sharing loan instrument is a very useful and long awaited instrument by farmers, processor and entrepreneurs from rural areas as in Romania since the risks linked to agricultural activities are high and have a big influence to the level of the interest rates and collaterals required for a loan. It is expected to reach over 1,300 local farmers and rural entrepreneurs who will be able to invest in their agricultural activities, processing and marketing of agricultural products and diversification of their non-agricultural activities as well. More information is available online.



  Newsflash
 
EC adopts new Regulation to cut down presence of trans fatty acids Lees meer
 
 
Two new partners sign up to the EU Code of Conduct on Agricultural Data Sharing Lees meer
 
 
The US is Europe's main soya beans supplier with imports up by 121%Lees meer
 
 
EU-U.S. Trade: Commission welcomes Council's green light to start negotiations with the United StateLees meer
 
 
Record start in 2019 for EU agri-food trade Lees meer
 
 
AO Cereal Supply and Demand Brief Lees meer