ОСП

Young farmers: €1 billion to facilitate access to finance

The European Commission and the European Investment Bank (EIB) launched today a €1 billion loans package targeting specifically young farmers. In 2017, 27% of the loan applications submitted to banks by EU young farmers were rejected, compared to only 9% for other farms.

The €1 billion package announced today by Commissioner for agriculture Phil Hogan and EIB Vice-President Andrew McDowell, aims at increasing access to funding for EU farmers, especially young farmers.

The future is rural: the social objectives of the next CAP

Rural areas make up 44% to 80% of every EU country. These diverse territories play home to a wide variety of flora and fauna, wonderful wildlife and natural environments. They provide food and resources that contribute to jobs, growth and prosperity, and help to maintain cultural heritage. Rural areas are truly at the heart of Europe.