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Image header Agence Europe
Europe Daily Bulletin No. 9373
GENERAL NEWS / (eu) eu/agriculture

After management committee green light, Commission to withdraw 13.5% of European sugar production from market

Brussels, 23/02/2007 (Agence Europe) - As the European Commission announced a month ago, the EU will have to “freeze” some of its sugar production during the 2007-2008 marketing year to reduce market surpluses, which cost the Community budget a great deal in storage expenditure and could cause a significant fall in the price of the product (see EUROPE 9354). On Thursday 22 February, the management committee accepted the European Commission proposal to order the preventive withdrawal of...

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