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The level of guarantee commissions for 2014 for the European Funds for Agriculture

In the Official Gazette of Romania, Part I, no. 66 of 27 January 2014 was published the Order of the Minister of Agriculture and Rural Development no. 89/2014, regarding the approval of the level of guarantee commissions for 2014.
The normative act approves for 2014, the guarantee commissions owed to guarantee funds by authorized individuals and family associations, for guarantees granted under Law no. 218/2005 regarding  the stimulation of absorption of SAPARD Funds, European Agricultural Fund for Rural Development, the European Fisheries Fund, the European Agricultural Guarantee Fund, by taking the credit risk by the guarantee funds that exist in records of the Guarantee Fund at 31 December 2013. The level of guarantee commissions for 2014 is 1.5%.

Also, for 2014, it is established at 0.05% the guarantee commission owed to the guarantee funds by the beneficiaries of the GEO. 79/2009, regarding the regulations of measures to stimulate the absorption of funds allocated under the National Rural Development Programme for renewal and rural development by improving the quality of life and diversification of the economy in rural areas, as eligible beneficiaries of EAFRD, for granting letters of guarantee in the favor of APDRP.

The guarantee commission owed to the guarantee funds by the beneficiaries – individuals of the GEO. 43/2013, regarding some measures for developing and supporting family farms and facilitating access to finance for farmers in 2013 is set at 3.8% per year

:: The Source: JURIDICE.ro

Corina PESCARU

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