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Europe Daily Bulletin No. 8475

4 June 2003
Contents Publication in full By article 11 / 35
GENERAL NEWS / (eu) eu/ecofin
Council agreement on Italian milk quotas and tax package

Luxembourg, 03/06/2003 (Agence Europe) - On Tuesday, the Ecofin Council reached an agreement for settling the problem of Italian milk quotas, which has made it possible to bring the issue of adopting the tax package linked by Rome to the question of quotas out of deadlock. According to the terms of the compromise reached after several hours of negotiation, the reimbursement of fines amounting to EUR 1.486 billion to be paid to the Italian State by Italian dairy producers for exceeding quotas...

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GENERAL NEWS