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.
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