Hogan working on package to encourage young farmers

The EU Commissioner for Agriculture Phil Hogan has said he is working on a package to encourage more young people to enter farming.

Hogan working on package to encourage young farmers

The EU Commissioner for Agriculture Phil Hogan has said he is working on a package to encourage more young people to enter farming.

Speaking in Brussels the former Environment Minister said that he wants to secure low interest loans for young farmers who take over the family land.

Commissioner Hogan said that longer term loans would give young farmers more security on their investment.

“We are in negotiations with the European Investment bank and one of the streams of investment that we want to agree with them is a way in which young farmers, if they wish to invest after taking over their farm, that they will be able to have longer term loans at reasonable rates of interest,” Mr Hogan said.

“That gives them more certainty and less volatility in relation to their investment.”

more courts articles

Nine people appear in court over protest outside refugee centre in Dublin Nine people appear in court over protest outside refugee centre in Dublin
DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers
UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules

More in this section

Vaping and smoking study 20% of young people in addiction services have taken legal drug sold in vapes
Drug testing of drivers at road crashes to become compulsory from this weekend Drug testing of drivers at road crashes to become compulsory from this weekend
CC HSE BUILDING Data protection commissioners 'want to look wider' into patient file breach
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited