#52026AS122686EU Approval of Lithuania’s Sustainable Farming Loan Scheme
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🇬🇧 English
Lithuania can launch a €100 million soft-loan scheme to support sustainable farming, food processing, and agricultural marketing. The European Commission reviewed the aid under EU State aid rules and raised no objections. The scheme affects farmers, agricultural businesses, food processors, wholesalers, and retailers linked to agricultural products in Lithuania. Eligible businesses may receive subsidised loans covering up to 85% of supported investment costs until the end of 2028.
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Key Changes
- Approves Lithuania’s €100 million soft-loan scheme for sustainable farming
- Allows eligible agricultural and food-sector businesses to receive loans covering up to 85% of supported investments
- Sets the scheme to run until 31 December 2028
Affected Parties
Lithuanian farmers and agricultural businessesFood processors and agricultural product traders
Tags
State aid,sustainable farming,soft loans