Gov't earmarks 311-million-euro treasury loan to subsidise farmers

The Government on last Wednesday passed a decision under which a treasury loan worth more than 311 million euros is being earmarked to continue to subsidise Romania's farmers. Prime Minister Emil Boc says 149 million euros of the loan will be advance payment on per-area payments to 400,000 farmers.The money will be cashed from the European Commission and returned to the Budget, says Agriculture Minister Valeriu Tabara.He mentioned that the total amount is RON 1.358 billion (some ...

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