European Commissioner for Agriculture and Rural Development, Phil Hogan at the signing of a memorandum of understanding between Teagasc and Microsoft in Ballyhaise college, Co Cavan, which will see the roll out of a pilot Airband rural broadband initiative to help address rural connectivity. \Naoise Culhane
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European Commissioner for Agriculture Phil Hogan will announce the details of a large loan fund to help young farmers access finance across the EU on Monday, he told the Irish Farmers Journal on Saturday.
"I can confirm that there will be a substantial loan package available to young farmers around the European Union for investment on their farms, which will be announced on Monday," Commissioner Hogan said after the launch of the Teagasc/Microsoft Airband broadband pilot scheme in Ballyhaise college, Co Cavan.
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"We’ll have a substantial fund available, specifically for young farmers, that will be over a longer period of time – 15-year loans, at much lower interest rates than is available in the market," he added.
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European Commissioner for Agriculture Phil Hogan will announce the details of a large loan fund to help young farmers access finance across the EU on Monday, he told the Irish Farmers Journal on Saturday.
"I can confirm that there will be a substantial loan package available to young farmers around the European Union for investment on their farms, which will be announced on Monday," Commissioner Hogan said after the launch of the Teagasc/Microsoft Airband broadband pilot scheme in Ballyhaise college, Co Cavan.
"We’ll have a substantial fund available, specifically for young farmers, that will be over a longer period of time – 15-year loans, at much lower interest rates than is available in the market," he added.
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