France offers farmers €2bn in interest-free loans after summer damage
France has announced €2 billion in interest-free loans for farmers after a summer of damaging heat, drought and fires.
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France is making €2 billion in interest-free loans available to farmers after heatwaves, drought and fires damaged crops and pasture over the summer, the agriculture ministry said, according to an ANP/RTR report carried by Nieuws.nl. [1]
The loan offer follows a separate €1.3 billion support package allocated by the agriculture minister in September. About half of that package was intended for rapid payments to compensate farmers for weather damage. [1]
FNSEA, France’s main farmers’ union, estimated in September that farmers had suffered at least €10 billion in production losses over the summer. [1]
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