Phil Hogan criticises banks over rates for young farmers

Irish banks were severely criticised over the weekend by European Commissioner for Agriculture and Rural Development Phil Hogan.
Phil Hogan criticises banks over rates for young farmers
Agriculture Minister Simon Coveney
Mon, 26 Oct, 2015 - 00:00
Stephen Cadogan, Farming Editor

“It is not acceptable in Ireland for financial institutions to charge 170 basis points more than they should, for short term loans to farmers,” he stated.

He was addressing the annual young farmers conference of Macra na Feirme last Saturday in Macroom.

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Place: IrelandPlace: MacroomPlace: ClaremorrisPlace: MacraPerson: Phil HoganPerson: HoganPerson: Kevin MoranPerson: Agriculture MinisterPerson: Simon CoveneyEvent: Macra na FeirmeOrganisation: European CommissionerOrganisation: European Investment BankOrganisation: EUOrganisation: EIBOrganisation: Irish GovernmentOrganisation: FranceOrganisation: Italy
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