Sarkozy announces loans for crisis-hit French farmers

French President Nicolas Sarkozy announced Saturday an extra 800 million euros in subsidised loans for farmers hit by the financial crisis, taking to 1.8 billion euros a package for the sector.

“The money will be there to finance everything to allow you to tide over the financial crisis,” he said at the Paris agricultural show during a round table meeting with farmers’ unions.

“I will do for the French agriculture sector — a strategic and key sector — what we have tried to do for the financial crisis,” he said.

Read More

Related posts:

  1. FRANCE: Sarkozy pledges more aid to crisis-hit farmers
  2. FRANCE: Sarkozy pledges more aid to crisis hit farmers
  3. FRANCE: Paris agriculture show opens amid discontent over Sarkozy snub

Comments are closed.