Irish farmers are paying interest rates on bank loans that are more than double what farmers in Europe are paying.
New figures from the ESRI show that Irish farmers paid 5.2% in June 2017, compared to the Eurozone average of 2.52%.
IFA farm business chair Martin Stapleton called for the €25m funding announced in Budget 2018 for a low-interest loan package to be put in place as soon as possible to support farmers.
Read more
Full story: Irish farmers pay double the interest rate of European counterparts
Donegal Meat Processors records €2.6m loss for 2016
Codd Mushrooms sees profits fall in 2016
Irish farmers are paying interest rates on bank loans that are more than double what farmers in Europe are paying.
New figures from the ESRI show that Irish farmers paid 5.2% in June 2017, compared to the Eurozone average of 2.52%.
IFA farm business chair Martin Stapleton called for the €25m funding announced in Budget 2018 for a low-interest loan package to be put in place as soon as possible to support farmers.
Read more
Full story: Irish farmers pay double the interest rate of European counterparts
Donegal Meat Processors records €2.6m loss for 2016
Codd Mushrooms sees profits fall in 2016
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