EU to help dairy sector hit by Russian food import ban

“According to the European Commission, EU dairy exports to Russia were worth 2.3 billion euros ($3 billion) in 2013. Cheese accounted for almost half of that.  Under the dairy proposal, the commission said it would help cover the cost of storing surplus goods that had to be taken off the market for up to seven months – giving producers the option to sell their goods at a later date. The aid would apply to butter, skimmed milk powder and certain cheeses. The commission has not specified how much money it is prepared to set aside for the dairy industry. Unnamed EU officials cited by Reuters said the measures could cost between 10 and 20 million euros.”

http://www.dw.de/eu-to-help-dairy-sector-hit-by-russian-food-import-ban/a-17886679

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin