Agriculture. Government Provides Zero-Rate Loans for Drought-Affected Farmers
23 Articles
23 Articles
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.
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.
This measure may cover an outstanding amount of EUR 2 billion of loans to purchase, in particular, fodder and inputs, but it depends on the adoption of the budget.
In the face of the historic drought and the heats, the government announced in September a contingency plan of more than EUR 1 billion and promised a rebound plan in the framework of the budget presented for 2027. But the agricultural unions unanimously stressed the inadequacy of the emergency plan, before denouncing the absence of the rebound plan of the government's initial budget copy, which promised amendments during the discussions in Parli…
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