France to Give More than €1 Billion of Aid for Weather-Hit Farmers
- France announced over €1 billion in aid to support farmers affected by heatwaves and drought that damaged crops, pastures, and water supplies in 2023.
- The aid includes a local recovery fund to help farms buy seeds, plant feed, and animal feed, as well as land-tax relief, social-security payment assistance, and fuel subsidies.
- Agriculture Minister Annie Genevard described the effort as massive given budget constraints, with €520 million allocated for rapid payments after weather damage.
46 Articles
46 Articles
In France, more than one billion euros will be released to support agriculture, which has been severely affected by the summer heatwaves and drought, Agriculture Minister Annie Genevard announced at a press conference on Friday, September 4. Industry professionals "are not expecting much more," except perhaps government support from the banks.
According to the most important French farmers' association, the production losses are expected to exceed ten billion euros this summer. Now, politics wants to intervene.
France to give more than €1 billion of aid for weather-hit farmers
PARIS, Sept 4 (Reuters) - France on Friday announced more than €1 billion ($1.16 billion) in aid for farmers after record heatwaves and drought caused major damage to crops, pastures and water supplies. The support comes as the government is working ...
"The country has a double imperative before it: to compensate losses in order to avoid bankruptcies and to revive agricultural production. (...) For if we lose structurally in productive potential, we will lose landscapes, market shares, sovereignty, quality products," said Agriculture Minister Annie Genevard, at a press conference. After a new summer, the agricultural sector expresses its distress, with losses of yield of up to 50%, 70% or 80% …
Agriculture Minister Annie Genevard presented this Friday morning a plan of more than EUR 1 billion for farmers to deal with the consequences of drought and heat.
The government is releasing more than a billion euros to support agriculture, hit by summer heat and drought, announced Agriculture Minister Annie Genevard. This plan includes the...
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