France - Sarkozy announces 'unprecedented' farm aid plan
http://www.france24.com/en/20091027-sarkozy-announces-unprecedented-farm-aid-plan-milk-france-europe-agriculture
28-Oct-2009 (16 years 7 months 16 days ago)French President Nicolas Sarkozy addressed the demands of farmers’ unions and agricultural employers in a speech on Tuesday, promising to protect the industry through one billion euros in government loans, 650 million euros in aid, and tax cuts.
In addition to the aid and loan packages, Sarkozy’s plan would reduce taxes on young farmers, as part of a number of measures to try to ensure that an adequate number of workers continue to enter the agricultural industry.
The plan includes a cut in the tax on petroleum products that famers use, and would have the government repay a percentage of the carbon tax, amounting to some 120 million euros.
In addition to the aid and loan packages, Sarkozy’s plan would reduce taxes on young farmers, as part of a number of measures to try to ensure that an adequate number of workers continue to enter the agricultural industry.
The plan includes a cut in the tax on petroleum products that famers use, and would have the government repay a percentage of the carbon tax, amounting to some 120 million euros.