Thursday

28th Mar 2024

Ticker

British food exports to EU plunge

Exports of salmon (down 98 percent), beef (92 percent), and cheese (81 percent) from the UK to the EU plunged in January compared to January 2019, due to post-Brexit red tape, Britain's Food and Drink Federation, an industry lobby group, said Monday. UK food and drink exports overall fell £750m (€873m), a 75.5-percent decline. Ireland, which used to take a fifth of UK exports, now took five percent.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

Join EUobserver

EU news that matters

Join us