EU urged to tackle produce market flooding in Ukraine's neighboring countries.

1 min read
Source: Fox News
EU urged to tackle produce market flooding in Ukraine's neighboring countries.
Photo: Fox News
TL;DR Summary

Five Eastern European EU member states have called on the Commission to address Ukraine's oversaturation of the produce market and its economic ramifications. The glut of Ukrainian produce, especially grain, has flooded the markets of transit countries, bringing down prices and angering farmers. The prime ministers of Poland, Slovakia, Hungary, Romania, and Bulgaria have appealed to the EU to consider the urgent purchase of surplus produce and to provide funds for the speedy development of transport and storage infrastructure. The governments of transit countries are facing pressure and protests from farmers anxious over dropping prices and lack of storage for this year’s crops.

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