CAP RETURNS
July 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Commission is reclaiming Euro 143.86 million in food production subsidies from 12 member countries, including Britain, because of financial irregularities, largely in the meat sector. While the UK's repayment of Euro 1.8 million is small and for missing general payment deadlines, France faces the largest demand - for Euro 50.7 million in bovine-product premiums, especially in Corsica. Italy will have to repay Euro 21.1 million and Greece will lose Euro 15.6 million, both in animal premiums. The Commission has also established a new ...
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