Experts Mull Steps to Ease Effect of Russian Embargo on Hungarian Farmers
(MTI) – Experts in Hungary are considering steps that could ease the effect of oversupply on European Union markets because of an import ban on a broad range of farm products by Russia, Istvan Jakab, the head of farm association Magosz, said today.
The some 400 million euros to ease the effect of the embargo on European farmers is expected to be too little, Jakab said.
He added that analysts may be underestimating the impact of the import ban on Hungarian farmers.
Russian Prime Minister Dmitry Medvedev last week announced a one-year ban on fruit, vegetable, meat, fish, milk and dairy imports from the European Union, the United States, Australia, Canada and Norway.
Photo:Â 666a658c624a3c03a6b2-25cda059d975d2f318c03e90bcf17c40.r92.cf1.rackcdn.com
Source: http://mtva.hu/hu/hungary-matters
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Exports and imports both down in Hungary – official data
Brand new Budapest Airport Hotel is on its way – astonishing VISUALS
11 EP lists to compete in Hungary on 9 June
Masses on Péter Magyar’s rally in the “capital of Fidesz” today – PHOTOS
What happened today in Hungary? – 5 May, 2024
PHOTOS: March of the Living in Budapest