ANNOUNCEMENT 21 Jun 2012

In June 2012, the European Commission announced a change in financial export support.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 22 Jun 2012 | Removal date: 21 Aug 2012
Still in force

Export subsidy

 On 21 June 2012, the European Commission halfed its export subsidies for beef and cattle based on regulation 534/2012. With the new levels, for instance, the refunds for live bovine animals is reduced from 8.6EUR/100kg of live weight to 4.3EUR/100kg of live weight. A detailed list of the products covered can be found in the appendix of the regulation.
The regulation came into force on 22 June 2012 and was repealed on 21 September 2012 by regulation 859/2012.

AFFECTED SECTORS