Regulations on bad agricultural debts to be enforced in February

Economy
Mon, 3 Feb 2025 6:02 GMT
The regulation on non-performing agricultural loans, which is expected to be voted on in February, will provide relief to more than 21,000 farmers and 700 agricultural cooperatives.
Regulations on bad agricultural debts to be enforced in February

The regulation on non-performing agricultural loans, which is expected to be voted on in February, will provide relief to more than 21,000 farmers and 700 agricultural cooperatives.

The regulation is part of the bill of the Ministry of Rural Development and Food, which was submitted a few days ago for public consultation and, as has become known, concerns amounts of 3.8 billion euros.

"With the new provision on bad agricultural loans, we are offering real support to those who fight for production every day," the Minister of Rural Development and Food, Costas Tsiaras, said in a statement to the Athens-Macedonian News Agency.

He also underlined that the upcoming regulations are targeted and fair.

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