Dáil debates

Wednesday, 19 June 2013

11:20 am

Photo of Michael Healy-RaeMichael Healy-Rae (Kerry South, Independent) | Oireachtas source

Farmers are being subjected to crippling interest rates as co-operatives are re-introducing charges of 1% per month to accounts during the coming weeks. Bank sources have confirmed that almost all major dairy processors are hatching plans to impose interest on the huge mountain of debt that farmers incurred during this year's awful spring.

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