AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
The Decree 2010/10 of the Money-Credit and Coordination Councilreplaces the Decree 2010/5 and encompasses an export subsidy programmefor agricultural products. The program encompasses a total of 16 agricultural products. Most subsidies have remained at at a level unchanged from 2008.
However, the export subsidy on olive oil was reduced from USD 80 to USD 40 per ton.
The ruling applies in the timespan of 1 January to 31 December 2011. They were eventually prolongued for a further year with decision 2012/2 and superseded on 1 January 2013 (see related measure).
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