From City AM:
EUROZONE fruit and vegetable farmers hit by the Russian government’s food sanctions are set for a payout, with Brussels pledging €125m (£99.9m) in compensation to those affected yesterday.
The action is designed to help prop up food prices in the single market. Dacian Ciolos, the EU’s agriculture commissioner, said that the action was meant to “reduce overall supply of a number of fruit and vegetable products” so that there would not be too much downwards pressure on prices.
Debate Magazine
