aA
Lithuania’s Agriculture Minister has submitted a request to the European Commission for an additional €75 million in EU funding to support the dairy sector in Lithuania.
Lithuania requests €75 million support package from EU for dairy farmers
© Reuters/Scanpix

Lithuanian farmers have been struggling as a global milk glut has caused milk prices to collapse. Lithuanian Agriculture Minister Virginija Baltraitienė told BNS that if the funds were forthcoming from the Commission that the Lithuanian government would provide a matching amount of funding, bringing the total support package for farmers to €150 million.

She said the request was submitted to the Commission in February. The funds requested from the Commission are equivalent to the losses incurred by the dairy sector last year which was also hit by losing access to the Russian market.

In 2015, the Lithuanian dairy sector received a total of €72 million in support from the Lithuanian government and the European Union.

Baltraitienė said the Commission would also consider a proposal to regulate milk output in the EU adding that such a measure might be opposed by Ireland, the Netherlands and Poland.

She blamed increased production after the lifting of milk quotas in the EU as key driver of the collapse in milk prices.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

"Take my kids": children from social risk families, elderly suffer from quarantine

Children from social risk families and elderly people have become even more vulnerable during the...

696 confirmed COVID-19 cases in Lithuania

On Friday, 3rd April, there were 696 confirmed novel coronavirus cases in Lithuania.

Two flights from Minsk to Vilnius to take place on upcoming weekend

Two flights from Minsk to Vilnius will take place under exceptional conditions over the upcoming...

Disinformers take advantage of COVID-19 crisis

“Pharmaceutical industry denies the fact that vitamin C kills coronavirus ”, “Lithuania has...

Philosopher Radzvilas-led National Alliance registered as political party (2)

The National Alliance, a new political party led by philosopher Vytautas Radzvilas , has been...

Top news

"Take my kids": children from social risk families, elderly suffer from quarantine

Children from social risk families and elderly people have become even more vulnerable during the...

696 confirmed COVID-19 cases in Lithuania

On Friday, 3rd April, there were 696 confirmed novel coronavirus cases in Lithuania.

Tax revenue 15 percent short of target in March

The Lithuanian central government's tax revenue fell around 15 percent short of the target in March,...

Two flights from Minsk to Vilnius to take place on upcoming weekend

Two flights from Minsk to Vilnius will take place under exceptional conditions over the upcoming...

Disinformers take advantage of COVID-19 crisis

“Pharmaceutical industry denies the fact that vitamin C kills coronavirus ”, “Lithuania has...

|Maža didelių žinių kaina