France’s agriculture ministry announced measures to support farmers’ cash flow after a sharp rise in fuel and fertilizer prices driven by the Iran war.
The measures include the deferral of social security contributions, a rescheduling of tax deadlines and short-term loans from French public investment bank Bpifrance, according to an emailed statement.
The ministry is also working on a sector-wide agreement with banks and distributors to provide greater flexibility for farmers facing cash flow difficulties due to the current crisis.
European governments are rushing to ease market tensions after the conflict all but blocked energy flows through the vital Strait ...
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