EU: Suger subsidy system stays
European Commission plans to slash the amount of EU support given to the sugar industry have been rebuffed by the European Parliament's agriculture committee, which has voted overwhelmingly to call on Brussels to maintain the existing subsidy system until the year 2006, when it is due to be reviewed. The Commission wants to cut the EU production quota by 115,000 tonnes a year and abolish the reimbursement of storage costs. MEP's said that the changes would be "unjustified and that to introduce these changes for two years and then, (as planned), propose further, drastic changes in 2003, would be hugely disruptive to producers and the processing industry and would not benefit consumers."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- 2017: three major drivers of M&A strategy
- Comment: Premier has more to ponder than Brexit
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- Premier Foods issues profit warning
- Nestle mum on Mead Johnson takeover talk
- UK's Bakkavor plays down IPO "speculation"
- Mondelez sells Vegemite to Bega
- Kellogg to slash 250 jobs