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Europe Daily Bulletin No. 7725

26 May 2000
Contents Publication in full By article 17 / 58
GENERAL NEWS / (eu) eu/trade
Commission has suspended payment of export refunds for processed agricultural products - Strong reaction for agricultural products industry

Brussels, 25/05/2000 (Agence Europe) - The European Commission decided to suspend all the payments of export refunds for processed agricultural products. The decision, published in the Official Journal L.119 of 20 May, is based on budgetary reasons. On a budgetary package of EUR 551 million, EUR 311 million were used as of the first months of the year and a budgetary surplus risks occurring at anytime. The payments should start again as of next October. EUROPE recalls that the Commission is...

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