Doubtful debts loans have skyrocketed in the agricultural sector. The delinquency rate is has practically doubled, 4.08% which meant in 2010, 8.55% from the third quarter of 2012. They are, by volume, of 1,783 million euro. For the Union of unions of farmers and ranchers, although this percentage is located in the middle of the existing in the rest of the economic activities, it's a figure that reflects the bad evolution of the agricultural sector: in 2006 this rate was only 1.26%. Appropriations, have also dwindled about 26 billion in 2008 to late 2012 20.850.
For the agricultural organization, this situation highlights the ineffectiveness of the measures taken by the Administration to overcome the crisis, so claiming a specific financing plan for the sector, which provides for mechanisms to refinance debt and promote economic stability of farms.
In particular, sector claims an entity or a specific financial branch within the current public instruments for channelling the access to funding to develop agricultural activity from the field to the processing and marketing. They are also demanding a law for the rescue of firms in difficulty based on the guidelines on State aid for the restructuring of enterprises.
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Agricultural Financial Services:very interesting that content.
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