Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Farmers 'will need EU aid after sanctions'

Share this article

Farmers 'will need EU aid after sanctions'
Minister for Agriculture Andrä Rupprechter. Photo: APA/Schlager
10:21 CEST+02:00
Minister for Agriculture Andrä Rupprechter (People's Party/ÖVP) has said the European Union should help Austrian farmers who suffer financial losses due to EU sanctions over Russia.

"We need a European answer," Rupprechter told national broadcaster ORF. The Austrian Farmers' League and the Chamber of Agriculture have already called for compensation to be made available. 

The EU council voted for sanctions, so it was now up to the council to find a solution for those who will suffer losses, Rupprechter said. The EU commission would provide a list of proposals, he added.

In 2013 Austria exported agricultural goods worth about €238 million to Russia - this number is now expected to halve due to the sanctions.

In particular meat exporters will suffer losses of around one million euros per week. Russia imported meat from Austria that was not so popular in the EU - such as fatty back bacon, and producers will now struggle to find a market for this. 

Austria exported nearly ten billion euros of agricultural goods in 2013.

Get notified about breaking news on The Local

Share this article

From our sponsors

Why Europe's top talent still flocks to London

London has always had a certain allure that pulls in entrepreneurs from near and far. As one of the world's most connected cities, a top financial centre and a multicultural melting pot, countless professionals from Europe and beyond are drawn to London like moths to a flame.