ALBANIA, 14 MLN EURO TO 13 THOUSAND FARMERS
From 15th March the Albanian farms with VAT may apply to take advantage of government subsidies for agriculture. About 14 million euro will be provided as support for farmers, agro-industry and investment in agricultural infrastructure. Winners will be announced in April and it is expected that the fund will support more than 13 thousand farmers. Besides subsidies, the plans of the Albanian Ministry of Agriculture plan to launch a credit guarantee system for farmers, which will be co-financed by EBRD for a total of 300 million euro in next three years.