Producers across EU race to shift perishable items, with concern that surplus will further push down pricesA glut of French pears, warehouses full of German sausage, rotting Polish peppers and unwanted Scottish mackerel: Russia’s move to ban European food imports in retaliation for EU sanctions is having a telling effect across a continent already slouching towards another recession.Last year, EU farm exports to Russia were worth 11bn (£9bn). Officials in Brussels are scrambling to come up with measures, which may be announced early next week, to soften the impact of a ban that could cut that export market in half. …read more
Source: The Guardian