Ministry of Agrarian Policy Requests €220 Million in Non-Repayable EU Support for Farmers
The Ministry of Agrarian Policy and Food of Ukraine has appealed to the European Commission to consider allocating €220 million in non-repayable support to compensate interest payments on loans for Ukrainian small and medium-sized agricultural producers. Such a contribution would enable a credit portfolio of up to €4 billion to finance farmers’ working capital, with the final interest rate for borrowers not exceeding 10% per annum.