EU sugar prices will fall by 36 percent over the next four years, not 39 percent as previously proposed, under a deal reached by European agriculture ministers on Thursday (24 November).
The breakthrough agreement came as a surprise, with 11 member states going into the talks on Tuesday feeling hostile toward the UK presidency's compromise proposals.
Under the deal, EU farmers will be compensated for 64.2 percent of their losses and have direct access to a €7.5 billion restructur...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.