Brussels, 17/12/2008 (Agence Europe) - After the European Parliament delivered its opinion on 4 December (see EUROPE 9789), the EU Council of Ministers, on Tuesday 16 December, adopted, without debate, a regulation setting up a rapid response facility to soaring food prices in developing countries from 2008 to 2010. The Community has set aside €1 billion for this purpose, under financing arrangements and a timetable for payments negotiated between the European Parliament and the Council...