In a radio interview, Minister István Nagy alleged that the European Commission was serving the interest of ‘US, Saudi, and Dutch companies and investors’ with their controversial decision, and not the small Ukrainian farmer’s as they claim.
The incompetence of the European Commission has caused enormous damage to the European farmer society. The huge quantity and uncontrolled flow of low-quality Ukrainian grain into the EU may even challenge the integrity of the common market.
The total amount of EU funds approved by the Commission is €100 million, which is to be distributed among the five member states most affected by the glut of tariff-free Ukrainian grain dumps: Hungary, Poland, Slovakia, Romania, and Bulgaria. These five nations banded together and imposed bans on food product imports from Ukraine back in April.