Struggling banana group sues EU
26 January 2001
Struggling banana group sues EU
By FWi staff
AILING US banana company Chiquita Brands International is suing the EU Commission for 
564 million ($519m) damages, reports the Financial Times.
Chiquita claims it has suffered under restrictions introduced in 1999 under a new EU import regime.
The company, which has been fighting different EU schemes for eight years, recently announced it could not make payments on $862m publicly traded debt.
- EU to reform banana regime, FWi, 20 April, 1999
- Financial Times 26 January, 2001 page 10
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