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Europe Daily Bulletin No. 9156

22 March 2006
Contents Publication in full By article 14 / 44
GENERAL NEWS / (eu) eu/agriculture
France and Ireland protest against abolition of pre-financing of export refunds

Brussels, 21/03/2006 (Agence Europe) - At the 20 March Agriculture Council, France and Ireland opposed the abolition, proposed by the European Commission, of the system, which has been in force since 1969, of pre-financing export refunds. Under this complex system, heavily criticised by the Court of Auditors, beneficiaries are paid as soon as the basic product for export is placed under the control of the Customs for storage or processing (up until approximately 6 months in advance)....

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