E-Malt.com News article: 1560

The Czech government made available export subsidies for 110 thousand tonnes of malt at a maximum refund of CZK 1,000 (EUR 31) per ton for the crop year of 2003/04. It looks like a strange decision, as the Czech Republic will join the subsidyless EU on the 1st of May, 2004. Obviously export refunds cannot be applied on Czech exports to the present EU countries, as the "double profit agreements" do no permit subsidies. Slovak export refunds will expire at the end of 2003.

12 September, 2003