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Europe Daily Bulletin No. 8401

15 February 2003
Contents Publication in full By article 22 / 39
GENERAL NEWS / (eu) eu/agriculture
Tax measure to allow Italian milk producers to only pay 25% of fines for exceeding quotas

Brussels, 14/02/2003 (Agence Europe) - Italy has just adopted a Decree allowing milk producers to only pay 25% of the full amount of the fines imposed by the European Commission for exceeding quotas between 1995 and 2001. The fines due to be paid by Italian dairy farmers for the detected overshooting of quotas in 1995-2001 amount to EUR 924 million. The recently adopted tax measure foresees 23,399 farmers, in other words 93% of Italian producers, only having to pay 25% (EUR 162 million) of...

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