The leasing companies will also be involved in the financing of investments in agriculture

In the EU budget cycle that lasts until 2020, 628 billion per year will be available for the support of agriculture, of which 80 percent will be available for investments – Kis Miklós Zsolt, Minister of State of the Prime Minister's Office, responsible for agri-rural developments said on Thursday in Kecskemét, at the annual conference of the Hungarian Leasing Associations.

During the implementation of the investments a priority will be given to the small and medium-sized enterprises (SMEs). The average intensity of the support is 50 percent, but in Pest county support will be only used to 40 percent of the investments – the Minister of State added. (MTI)