The EU will provide subsidies to four FMD affected Member States
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Last Update: 2001-08-20
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Source: Internet
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Author: User
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Introduction: the European Commission announced on the 16th that the European Union will grant 400 million euros (US $367 million) subsidies to the four European Union member states affected by the outbreak of foot-and-mouth disease this year, in order to reduce the losses suffered by the governments of these countries to compensate livestock owners for slaughtering livestock The four countries are the UK, the Netherlands, France and Ireland, which will receive subsidies of 355 million euros, 39 million euros, 3.3 million euros and 2.7 million euros, respectively Britain received the most compensation for the worst hit According to the EU budget, the EU will subsidize 60% of the losses suffered by Member States in such disasters, based on the average price of each slaughtered livestock It is reported that the total amount of EU subsidies to all affected Member States has not yet been determined, which can only be determined after the financial accounting and veterinary testing conducted by EU in affected Member States.
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