France Offers €2bn in Zero-Interest Loans After Drought
30 Articles
30 Articles
On a trip to the Livestock Summit in Cournon-d'Auvergne (Puy-de-Dôme) this Thursday morning, Agriculture Minister Annie Genevard announced new measures for drought-stricken farmers: new...
These loans, covering up to two billion euros, depend on the adoption of the 2027 budget. The farmers, gathered in Cournon-d'Auvergne, also ask for crop insurance to compensate for the losses of grasslands.
Reformatorisch Dagblad
welingelichtekringen.nlFrance is making interest-free loans worth 2 billion euros available to farmers, the French Ministry of Agriculture reports. French farmers saw crops and pastures destroyed last summer by heatwaves, drought, and fires.
On a visit to the Auvergne Livestock Summit, Annie Genevard made announcements on Thursday, October 8th, in addition to the emergency plan for farmers. The Minister of Agriculture announced the deployment of zero-rate loans to replenish cash flow. Aids conditional on the adoption of the budget. - Historical drought: the Minister of Agriculture announces zero-rate loans for farmers (Policy).
The measure could cover an outstanding amount of EUR 2 billion in loans, in particular to purchase fodder and inputs, but it is subject to the adoption of the budget, which is uncertain in the absence of a majority in Parliament.
Farmers facing exceptional droughts will benefit from new support measures, including zero-rate loans to cover up to $2 billion.
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