date:Aug 12, 2014
reforms. To date, the fund has never been used.
The European Commission decided to support the peach and nectarine sectors by increasing to 10 percent, from 5 percent, the share of production that can be withdrawn from the market and distributed for free. Producers are compensated for such fruit withdrawn from the market.
In addition, extra funds will be provided for marketing. The Commission did not specify how much money would be paid out, or if it would come from the 400 million euro fund.