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Europe Daily Bulletin No. 11964

20 February 2018
SECTORAL POLICIES / Agriculture two
EU to pay €195.3 million back to sugar sector
Brussels, 19/02/2018 (Agence Europe)

Further to a European Court of Justice ruling in February 2017, the Council of the EU agreed, upon a proposal from the European Commission on Monday 19 February, to reimburse to European sugar and beet producers part of the excess production levies paid for the periods 1999/2000 and 2000/2001 due to miscalculation.  The total impact for the Union budget is evaluated at €195.3 million, of which €93.1 million is for reimbursement strictly speaking and €102.2 million is interest costs.

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
SOCIAL AFFAIRS
EXTERNAL ACTION
SECURITY - DEFENCE
INSTITUTIONAL
NEWS BRIEFS
WEEKLY SUPPLEMENT