Monday, 25th February 2008
Financial aid for pig farmers in France
On 14 December 2007, the French Government announced that it was to set up, for pig farmers in financial difficulty, a EUR 3 million tax rebate fund and provide EUR 3 million for reduced rate loans. On 23 January 2008, the Government announced that it would double the tax rebate fund to EUR 6 million and increase the loan subsidy fund to EUR 10 million — which corresponds to EUR 70 million in loans for producers.
Can the Commission provide assurances that this financial aid will not place pig producers in other EU countries at a competitive disadvantage?
