ITALY PUNISHED BY EUROPEAN COMMISSION FOR DAIRY OVER-PRODUCTION
October 1st, 2007
BY KEITH NUTHALL
THE ITALIAN government has been told to secure a levy of Euro 176 million from its dairy producers after allowing them to flood the European Union (EU) market with 617,000 tonnes of excess milk in 2006/7. The penalty was ordered by the European Commission under a system of national milk production quotas, to be scrapped by 2015. Other countries also exceeded their quotas - albeit at a much lower level that Italy - Austria, Cyprus, Denmark, Germany, Luxembourg, and the Netherlands and must make smaller levies. Announcing the charges, EU ...
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