unforeseen economic and social consequences, such as pricing out local farmers, depriving them of access to land and favouring rural exodus (Burja, Tamas-Szora and Dobra, 2020[22)). While the new regulation on farmland sales, including large scale land acquisition, is a step forward (see Section 2.4.4), including large scale land acquisition, is a step forward, the lack of official statistics prevents a sounded farming sector, in particular the medium-sized farms Access to credit is a common problem among Romanian farmers. Less than 7% of Romanian farmers applied for a loan in 2017. Rejection rates in Romania are above 25%, well above the average of the 24 EU Member States monitored? (fi-compass, 2020[25]). About 80% of all farmers who used financing indicated that they relied exclusively on friends and family. Rejection rates are particularly high for livestock farmers risks and a lack of income diversification. representing both Turkish and Greek Cypriot people on the Island. Turkiye recognises the Turkish Republic of Northern Cyprus (TRNC). Until a :anssi snd, au buun usod s aasid mus auni suon pnun u o xauo au um punou s uonios agnba pue ue the United Nations with the exception of Turkiye. The information in this document relates to the area under the effective control of the Source: FADN database, Total Assets SE436, Total Liabilities SE485, Net worth SE501 accessed 12/09/2024 https://agridata.ec.europa.eu/extensions/FADNPublicDatabase/FADNPublicDatabase.html. EUR 11.4 billion in 2022, the highest financing gap in the agricultural sector among the 24 EU Member
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