
Moldovan Farmers' Plea: High Interest Rates Stifle Local Produce
Moldovan Farmers Struggle with High Interest Rates, Lack of Market Access Moldovan farmers are facing significant challenges due to high interest rates on agricultural loans, coupled with a lack of legislative support to ensure fair market access. This is impacting their ability to sell their produce, even when there's a surplus, as highlighted in a recent video by a Moldovan farmer. "Ei credite de 30% ca sa hranim bancile si nici nu ti permite sa vinzi." (30% interest rates just to feed the banks and you can't even sell.) This quote from the video encapsulates the frustration felt by many farmers. The video shows an abundance of locally grown strawberries, yet the farmer points out that he has seen imported strawberries from Greece in local supermarkets. The lack of a law requiring supermarkets to stock a certain percentage of locally produced goods creates an uneven playing field. This situation leaves farmers struggling to compete with cheaper imports, despite their efforts and the quality of their produce. The issue calls for immediate legislative action to protect local farmers and ensure a fair market for domestically grown products. The video underscores the need for policy changes to support Moldovan agriculture and ensure the economic viability of local farmers. The government needs to address the high interest rates and create a more equitable market environment. This will not only help farmers but also contribute to food security and economic growth in the country.