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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology EU should drop milk deregulation: France AFP - Monday, October 19 Send IM Story Print A protestor gathers milk during a protest by European dairy farmers demonstrating against falling milk prices on October 5 in Brussels. Europe should abandon liberalisation of the milk sector, French Agriculture Minister Bruno Le Maire said Monday ahead of an EU meeting due to announce nearly 300 million euros of aid to struggling farmers. PARIS (AFP) - – Europe should abandon liberalisation of the milk sector, French Agriculture Minister Bruno Le Maire said Monday ahead of an EU meeting due to announce nearly 300 million euros of aid to struggling farmers. "I would like to see ... a strong political signal that Europe is clearly choosing the path of regulating the milk market and is abandoning further liberalisation," he said in an interview in the business daily Les Echos. The European Union was expected to announce almost 300 million euros (446 million dollars) in additional aid for struggling dairy farmers next year at a meeting Monday in Luxembourg of the bloc's farm ministers. Twenty-one of the EU's 27 nations, including France and Germany, called for the additional aid, which will be drawn from the bloc's 2010 budget. Le Maire said the same 21 countries support keeping market regulations in place, as does the European parliament. The minister warned he is ready for an "open rift" with the Swedish EU presidency and European Commission if they turn a deaf ear. Last November, EU agriculture ministers agreed to lift milk production quotas by one percent per year before scrapping them altogether in 2014-2015. But in recent months, European farmers have ramped up protests in search of EU support through financial aid or by limiting supplies, as dairy product prices collapse due to low demand caused by the financial and economic crisis. Since 2007, milk prices have in the worst cases halved. But while the commission, the EU's executive arm, has agreed to introduce very targeted aid to the sector, it has refused to go back on its decision to scrap the quota system. Recommend Send IM Story Print News Search Top Stories Iran accuses US, Britain, Pakistan over bombing EU announces new aid for crisis-hit dairy farmers US balloon drama 'was a hoax': police World 'catastrophe' if no climate deal: British PM Elvis hair sells for $18,300 at auction More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Huge crowds at Dublin funeral of Boyzone star Hurricane Rick gains monster Category 5 status: forecasters Bank of America reports 1.0-billion-dollar loss British economy in for painful recovery: report Earnings leap at Saudi Sabic More Most Viewed » Oldest hominid skeleton sheds light on human origins Boyzone singer Gately dies in Spain More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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