| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/07/1543 (18.10.07) |
| Publication Date | 18/10/2007 |
| Content Type | News |
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The levies for Member States exceeding their milk production quotas come to almost €221 million for the 2006/07 marketing year, according to a provisional calculation by the European Commission, based on Member States' annual declarations. Last year the total levy amounted to €355 million. Seven Member States (Austria, Cyprus, Denmark, Italy, Germany, Luxembourg, and Netherlands) exceeded their delivery quotas. Altogether these account for an overrun of 773,728 tonnes, resulting in a deliveries levy of €220.82 million. Almost 80% of the total is due to excess production in Italy which exceeded its quota by 6%. Austria exceeded its quota by 3.3% but the other 5 countries who have incurred a levy were each less than 1% over quota. In relation to direct sales to consumers only Cyprus and Netherlands reported overruns, totalling 420 tonnes resulting in a levy on direct sales of €120,000. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1543&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Business and Industry |
| Countries / Regions | Europe |