22.
07.15
18:46

France approves grants for farmers

The French Government today decided financial aid amounting to EUR 1.1 billion for farmers and dairy farmers. Thus hollande responds to the massive protests in the North West of the country with those against low prices for beef and pork and protested for milk and milk products.
It aims to alleviate the acute suffering of the farmers but also sustainable solutions to enable the Prime Minister Manuel Valls after the Cabinet meeting. 10% of farmers working in the mentioned sectors are immediately before the bankruptcy. 24 measures should now get the liquidity of farms. For 600 million EUR will be made available, to adopt, for example, tax payments or to postpone. 500 million euro are available as interest-free loans from the State-owned investment bank available, relevant to pay off debts to suppliers.
Long-term measures to increase the competitiveness in local and international markets, in particular to other EU States, Turkey and the Lebanon. The French farmers Union welcomed the measures and the farmers have abandoned their roadblocks.
The traditionally politically right farmers were increasingly frustrated about the Socialist Government. More and more administration at the same time falling prices had worsened the competitiveness. The Russian import embargo against the EU, the weaker Chinese demand for dairy products and the pricing policy of the supermarkets had minimizes the gains and weakened morale. Today, more and more farmers would choose the ultra-right front national.

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