BRUSSELS (APP) – The EU announced Monday another 500 million Euros for the bloc’s farmers to help reverse the plunge in prices shaking the dairy industry, bringing the total support to one billion Euros.
“The European Commission has today presented a new package of measures worth 500 million Euros ($553 million) from EU funds to support farmers in the face of ongoing market difficulties, particularly on the dairy market,” the EU executive said in a statement.