Agriculture Minister tells banks to increase funding of primary sector – Kathimerini English Edition

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The Greek banking system has to urgently enhance its unimpressive doc in funding primary sector investments, Agriculture Enchancment & Meals Minister Spilios Livanos said on Wednesday, By way of the annual AgriBusiness Worldwide Discussion board in Athens.

“You should assume your duties,” Livanos said By way of the Q&A session after his tackle, including that “It Might be a historic mistake if the banking system Does not understand that the financial system’s future lies in agronutrition.”

Elaborating further, he said “It is unacceptable to have Arrange a guarantee fund with 480 million euros out there – 80 million of which is the share of the state – and see solely 10 million euros disbursed So far.” What was needed, he said, was “to open up a lot faster, notion enterprise, notion the sector and actually Pay money for manufacturing.” For manufacturing to rise, “we should current the alternatives to people To current extra merchandise.”

The forum was furtherly tackleed by European Commissioner for Agriculture Janusz Wojciechowski, who said the EU was dealing with a “feeding disaster” for the second yr working. When it Includes home outcomes, the commissioner famous that “Greece’s manufacturing is 3.5% greater than the EU” and that the Greek primary sector produces The backside inexperiencedhouse gasoline emissions, whereas farmers use fewer fertilizers.

The forum, which runs to Thursday, highlights “Meals & Farming methods’ inexperienced and digital transition” and consists of 50 audio system from Greece and overseas. Speakers recurrent main companies, monetary providers, revolutionary farmers, coverage makers, evaluation and academia.

[AMNA]

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