ANNOUNCEMENT 14 Feb 2012In February 2012, the government of Russia announced a change to private-sector financial support.
NUMBER OF INTERVENTIONS
Government Decree from 14 February 2012 NO.180-p
By the Government Decree from 14 February 2012 NO.180-p Russia introduces subsidies for the agricultural farms to compensate interest rates for the loans received from the Russian banks for agricultural business in 2005-2012. The covered loans should not exceed 8 years. Thesubsidies are distributed among the regions of Russia. The total amount of subsidies under this programme for 2012 is 6.3 billion rubles or 160 million Euros.