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Tuesday, April 17, 2018

The agriculture and bio-economy sector receives 1 billion euros, in the form of loans from the European Investment Bank, under the Juncker Plan

Agriculture - Fisheries, Local development, Environment, Innovation, Economy - Finances,-,

News Funding of EUR 400 million is provided by the European Investment Bank under the European Fund for Strategic Investments (EFSI) for loans in the agriculture and bio-economy sector.

EIB financing will support nearly €1 billion in investment across Europe by attracting investment from cooperatives and private companies.

The scope of the SIEF has been extended in a new regulation which came into force in early 2018 and now includes a specific sectoral priority for sustainable agriculture and the bio-economy in general. Loans to farmers and small and medium-sized enterprises will range from €7.5 million to €50 million.

Source :  Salle de presse - Commission européenne


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