|The measures for young farmers in the new Pac are not sufficient believes the Italian Presidency. The Commission is working with the European Bank investment to find new financing.
The new European Commissioner for Agriculture, Phil Hogan, announced the establishment of a working group to examine the ways in which European Investment Bank (BEI) could help the young farmers. This working group made of delegates from the BEI and Directorate General Agriculture should propose in January 2015 measures such as favorable loans and bank guarantees to encourage young farmers to invest in the sector.
The Italian Presidency of the EU presented a statementinsisting that the new instruments of the CAP to promote the installation of young farmers – premium of 25% direct payments for three years, rural development programs and consulting services – were not sufficient to attract young people, while more than 5 million of them are unemployed in the rural areas across the EU. A statement supported by Ireland, Spain, Portugal, Austria, Belgium, Greece and Slovakia. Italy advocated including exceptions to the rules on state aid for the purchase of agricultural land and an Erasmus-like program that would allow young farmers to share their knowledge.
The agriculture ministers of the EU should have an exchange of views on the issue at the last Council of Ministers of Agriculture under the Italian Presidency on 15 December.