EU authorizes France to provide "mad cow disease" compensation to cattle farmers
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Last Update: 2002-04-04
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Source: Internet
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Author: User
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Lead: Brussels, April 3 (Reuters) - the European Commission on Wednesday said it had authorized France to provide 75.5 million euros ($66.46 million) worth of government assistance to its domestic cattle farmers to compensate them for their losses in last year's "mad cow disease" crisis Mad cow disease virus can make people suffer from a disease called vccd To date, the disease has resulted in the death of four patients in France The emergence of this situation in France, Germany and Spain has made consumers afraid of eating beef, and led to the collapse of beef prices in the whole EU market "Under normal circumstances, member states are not allowed to implement such a plan However, the committee considers this to be an exception, as we note that the crisis in the beef and veal markets has enabled us to give this just mandate " The European Commission said in a statement The French government's assistance is mainly provided in two ways, one is directly paid to farmers, the other is to reduce the interest expense of their loans The amount of direct payment is about 1000 euros per household, but not more than 2000 euros.
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