Off the wire
• China Headlines: China sees record summer grain output, but concerns remain  • (Sports)Pakistan announces cricket team for Sri Lanka series  • China-ROK sea route for delivery resumes  • Roundup: Singapore stocks end down 0.36 pct  • China's all provincial regions reach pollutants emission cut target  • Chinese tourists to Zimbabwe sees 62 pct jump in Q1  • China Focus: China fine-tunes growth trajectory, quality trumping speed  • Chinese trade official visits destructed heritage sites in Nepal  • China encourages community consultation to solve disputes  • Iceland's wage index records 2.3 pct increase in June  
You are here: 　 Home

French gov't announces support for livestock farmers

Xinhua, July 22, 2015 Adjust font size:

French government on Wednesday unveiled an emergency package of measures to support the domestic livestock sector as struggling livestock farmers protested low meat prices.

Besides announcing the measures, government spokesman and Agriculture Minister Stephane Le Foll also pledged to restructure farmers' debts and alleviate the charges by unfreezing 600 million euros (654 million U.S. dollars) in favor of farmers in difficult situation.

"The government's first priority is the recovery of trading rates and prices," Le Foll added after a weekly cabinet meeting.

To Manuel Valls, Prime Minister, the emergency package of 24 measures aimed at finding "a virtuous circle that allows to overcome the crisis."

The government's new measures came after the country's angry farmers denounced low margins squeezed by retailers, blocked with their tractors the roads in northwestern France, to force officials to take swift and concrete acts to improve their financial situation. Endit