European Foundation
for the Improvement of
Living and Working Conditions

The tripartite EU agency providing knowledge to assist
in the development of better social, employment and
work-related policies

EU PolicyWatch

Database of national-level policy measures

Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure LT-2022-42/3019 – measures in Lithuania

Loans to the agricultural sector

Paskolos žemės ūkio sektoriui

Country Lithuania , applies nationwide
Time period Temporary, 11 October 2022 – 30 June 2023
Context War in Ukraine
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Access to finance
Author Inga Blaziene (Lithuanian Centre for Social Sciences) and Eurofound
Measure added 30 January 2023 (updated 02 June 2023)

Background information

In compliance with the Order No 3D-518 and the Order No 3D-852 of the Minister of Agriculture of the Republic of Lithuania, on 11 October 2022, the National Agricultural Credit Guarantee Fund (NACGF), through selected financial intermediaries, started to provide soft loans to operators in the agriculture and fisheries sectors. The aim of the measure is to ensure liquidity of agricultural and fisheries companies and to reduce the impact of the crisis caused by the Russian Federation’s military aggression against Ukraine.

Content of measure

The soft loans are granted to operators engaged in primary production of agricultural products and cooperative companies engaged in processing or marketing of agricultural products, which have experienced liquidity difficulties after 1 February 2022 due to the Russian aggression against Ukraine or whose turnover has decreased by more than 10% compared to the same period last year. Soft loans under this measure are granted to finance working capital (i.e. for wages and related taxes; fuel and electricity for farm purposes; fertilisers, etc.). The loan amount is up to €500,000 per undertaking.

Loans are granted for a maximum period of 72 months and must be disbursed by 30 June 2023. Depending on the size of the borrower and the duration of the loan, fixed annual interest rates range from 1.28% to 3.03%.

The soft loans will be granted until 30 June 2023 and have a budget of €61 million.

Use of measure

According to the data provided by the NACGF, during the period from October to December 2022, 363 economic entities were granted loans for the total amount of €30 million.

Target groups

Workers Businesses Citizens
Does not apply to workers Sector specific set of companies
Does not apply to citizens

Actors and funding

Actors Funding
National government
Public support service providers
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: Unknown


No information available.

Views and reactions

No information available.

Sectors and occupations

    • Economic area Sector (NACE level 2)
      A - Agriculture, Forestry And Fishing A1 Crop and animal production, hunting and related service activities
      A3 Fishing and aquaculture

This case is not occupation-specific.


  • 29 August 2022: Order No 3D-518 of the Minister of Agriculture of the Republic of Lithuani (
  • 23 December 2022: Order No 3D-852 of the Minister of Agriculture of the Republic of Lithuani (


Eurofound (2023), Loans to the agricultural sector, measure LT-2022-42/3019 (measures in Lithuania), EU PolicyWatch, Dublin,


Eurofound publications based on EU PolicyWatch

30 January 2023


Measures to lessen the impact of the inflation and energy crisis on citizens

Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.


12 September 2022


First responses to cushion the impact of inflation on citizens

Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.


12 September 2022


Policies to support EU companies affected by the war in Ukraine

This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.


5 July 2022


Policies to support refugees from Ukraine

This article summarises the first policy responses of EU Member States, including those of the social partners and other civil society actors, enabling refugees to exercise their rights under the Temporary Protection Directive.


Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.