ANNOUNCEMENT 21 Jun 2012
In June 2012, the European Commission announced a change in financial support for exporters.
NUMBER OF INTERVENTIONS
EC regulation 343/2012
EC regulation 534/2012
EC regulation 859/2012
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The regulation came into force on 22 June 2012 and was repealed on 21 September 2012 by regulation 859/2012.