EU slashes pork export subsidy

11 December 1998

EU slashes pork export subsidy

THE European Union (EU) has cut in half its export refunds on pork to 10 countries.

The move comes after the Czech Republic and Hungary said the EU had been flooding their markets with cheap meat.

The cut in the subsidy applies to EU pork exports to Poland, Lithuania, Latvia, Bulgaria, Estonia, Hungary, the Czech Republic, Slovakia, Romania and Slovenia.

The refund for carcasses and main cuts would fall to Ecu20/100kg from Ecu40. The refund for pork bellies would drop to Ecu13/100kg, from Ecu25.

  • Financial Times 11/12/98 page 6 (News Digest)


Farmers Weekly Awards Show

Join us for a week-long extravaganza to celebrate the farming heroes and achievements of 2020 and announce the winners of the Farmers Weekly Awards. Countryfile presenter Adam Henson will host five nights of entertainment in 20-minute programmes filmed all over the country. He'll be joined by a host of farming celebrities and feature a special appearance by HRH Prince Charles.
Find out more
See more