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Commissioner Hogan to announce €400m forestry fund

Claire Mulcahy -
Commissioner Hogan to announce €400m forestry fund

EU Commissioner Phil Hogan is set to announce a 400 million euro investment for Irish Agriculture this morning.

The cash injection from the European Investment Bank for the Irish forestry industry - is the first initiative to be backed here under the Investment Plan for Europe.

The funding boost is the bank's first support announcement for the sector here in 20 years.

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Claire Mulcahy -