Sunday

21st Apr 2019

EU sets aside €125mn to stabilise food prices

  • EU farm commissioner Dan Ciolos has promised 'solidarity' with Russia-hit exporters (Photo: ec.europa.eu)

The European Commission has set aside €125 million more for food exporters hurt by the Russia ban.

It said in Brussels on Monday (18 August) the money will be available until the end of November for producers of tomatoes, carrots, white cabbage, peppers, cauliflowers, cucumbers, and gherkins, mushrooms, apples, pear, red fruits, table grapes, and kiwis.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 18 year's of archives. 30 days free trial.

... or join as a group

It noted in a statement that: “The markets for these products are in full season, with no storage option for most of them and no immediate alternative market available”.

A spokesman, Roger Waite, added that the move is designed to stop prices from falling to “crisis levels”.

The move comes after the commission earlier this month set aside up to €30 million for peaches and nectarines.

Member states’ agriculture experts will meet again in Brussels on Friday to see whether other sectors need assistance from a €420 million EU fund being used to cover the costs. Agriculture ministers will also meet on 5 September to assess the state of the markets.

Under the scheme, producers can divert up to 5 percent of output to be used as fertiliser or to be given away to schools and hospitals in return for EU compensation.

Russia imposed the ban on 6 August in retaliation for EU sanctions on its banks and energy firms over the Ukraine conflict.

Individual Russian consumers are allowed to bring back EU-made food, however. Food made in Belarus or Kazahstan using EU-supplied ingredients can also be exported to Russia, its deputy prime minister said on Monday.

News of the commission food aid came out the same day as statistics showing that EU exports to Russia were on a downward trend anyway, with sales down 12 percent between January and May compared to last year.

The sanctions war is likely to escalate if the conflict also gets worse.

The Ukrainian military on Monday said “many people have been killed, including women and children” when pro-Russia rebels hit a convoy of refugees in east Ukraine with rockets and mortars. But the pro-Russia rebels said Ukrainian forces bombed the civilians.

Russia relaxes EU food ban, counts costs

Russia has said its ban on EU food imports will cost it “hundreds of billions of rubles”, while taking several items off the blacklist.

Feature

Romania enlists priests to promote euro switchover plan

Romania is due to join the single currency in 2024 - despite currently only meeting one of the four criteria. Now the government in Bucharest is enlisting an unlikely ally to promote the euro to the public: the clergy.

Trump and Kurz: not best friends, after all

The visit of Austrian chancellor Sebastian Kurz to the White House on Wednesday showed that the current rift in transatlantic relations is deepening by the day.

Stakeholders' Highlights

  1. Counter BalanceSign the petition to help reform the EU’s Bank
  2. UNICEFChild rights organisations encourage candidates for EU elections to become Child Rights Champions
  3. UNESDAUNESDA Outlines 2019-2024 Aspirations: Sustainability, Responsibility, Competitiveness
  4. Counter BalanceRecord citizens’ input to EU bank’s consultation calls on EIB to abandon fossil fuels
  5. International Partnership for Human RightsAnnual EU-Turkmenistan Human Rights Dialogue takes place in Ashgabat
  6. Nordic Council of MinistersNew campaign: spot, capture and share Traces of North
  7. Nordic Council of MinistersLeading Nordic candidates go head-to-head in EU election debate
  8. Nordic Council of MinistersNew Secretary General: Nordic co-operation must benefit everybody
  9. Platform for Peace and JusticeMEP Kati Piri: “Our red line on Turkey has been crossed”
  10. UNICEF2018 deadliest year yet for children in Syria as war enters 9th year
  11. Nordic Council of MinistersNordic commitment to driving global gender equality
  12. International Partnership for Human RightsMeet your defender: Rasul Jafarov leading human rights defender from Azerbaijan

Latest News

  1. Romania drafts EU code on NGO migrant rescues
  2. Bulgaria, Hungary, and Malta shamed on press unfreedom
  3. EU drafts $20bn US sanctions list in aviation dispute
  4. Brunei defends stoning to death of gay men in EU letter
  5. US Democrats side with Ireland on Brexit
  6. Wifi or 5G to connect EU cars? MEPs weigh in
  7. How Brexit may harm the new EU parliament
  8. EU parliament backs whistleblower law

Join EUobserver

Support quality EU news

Join us