State to subsidize 30% of farm loans, says PM Emil Boc

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At the meeting of Wednesday, the Gov’t approved the level of public funds which will be extended to agricultural loans for production.
‘We approved the level of public funds which are extended at farm loans for productions and it stands at 30 percent of the volume of farm loans.
Therefore, we want to endorse all entrepreneurs in the agricultural field by the fact that the state comes with a financial aid of 30 percent of the value of loan, precisely to encourage the economic activity of the agricultural field,’ said Boc.
Boc said that the money will be allotted by the Agriculture Ministry.
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