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Berlaymont building, European Commission, Brussels — Photo: EmDee, CC BY-SA 4.0

Cost of Living|European Union

Brussels clears €40.5 million in cheap French loans for farmers, fishers and hauliers hit by fuel prices

On 9 October 2026 the European Commission approved two French state-aid schemes under its Middle East crisis framework: €17.2 million for agriculture, fisheries and aquaculture and €23.3 million for transport. Firms whose fuel bill is at least 5% of turnover can borrow €5,000 to €50,000 at a fixed 3.8%, state-guaranteed, for up to three years with a year’s grace on principal. It is French money, not an EU grant.

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