A financing agreement between the Romanian Ministry of Agriculture and Rural Development and the European Investment Fund (EIF) will channel over € 150 million to around 1 300 Romanian farmers and rural entrepreneurs.
The agreement will enable investment in agricultural activities, processing and marketing of agricultural products and diversification into non-agricultural activities. This risk-sharing loan will be useful in a context where risks linked to agricultural activities are high, affecting interest rate levels and collaterals required for a loan.
The agreement will be managed by the EIF, under the national Rural Development Programme (RDP).
