10/05/2009

NORWAY: government guarantees for credits to the fishing indusry

In a previous post (2 February 2009) I was referring to the fund that the Norwegian government had set-up through "Innovasjon Norge" to guarantee "first hand" sales of fish.

Now the Fisheries Minister, Ms Pedersen, is proposing to allocate between NOK 135 and 190 million to guarantee credits granted to individual companies in the fishing industry.

Here is the link to the official press release:

http://www.regjeringen.no/nb/dep/fkd/pressesenter/pressemeldinger/2009/forslag-om-garantiar-for-driftskreditt-t.html?id=560311

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