Tag: 500 million euros

EU to give 500 million euros to farmers hit by Russia sanctions

BRUSSELS, Belgium, September 8 (Reuters) — The European Commission announced a 500 million euro ($557 million) package of measures on Monday (September 7) to provide relief for farmers stung by slumping prices, triggered partly by the loss of exports to Russia due to EU sanctions against the country. The crisis has triggered a wave of protests which culminated on Monday with nearly 5,000 farmers and more than 1,000 tractors arriving in Brussels, where an emergency […]