On Thursday 24 June 2021, the European Court of Auditors (ECA) will publish a special report on the
exceptional measures taken to counteract the disturbances that affected the dairy market in 2014-2016.
ABOUT THE TOPIC
Good weather conditions in early 2014 and high milk prices in the preceding years fuelled a significant increase in EU milk production. In addition, the abolition of EU milk quotas had been announced for 2015, and some producers paid fines for exceeding them. In August 2014, though, the Russian Federation banned the import of EU dairy products. The average price received by EU milk producers began to fall. In mid-2016, prices started rising again.
ABOUT THE AUDIT
The EU common agricultural policy includes a number of tools for addressing market disturbances. The audit examines how the European Commission reacted to the 2014-2016 market disturbance, how it assessed the need for exceptional measures and targeted these measures, and how Member States implemented them. It also looks at whether lessons were learned to prepare for potential future disturbances in the milk market.
Five Member States were selected for this audit: Germany, Ireland, France, Italy, and Finland.
The report and press release will be published on the ECA website
eca.europa.eu in 23 EU languages on Thursday 24 June at 17:00 CET.
Embargoed copies can be requested at: email@example.com
For interviews or statements, interested journalists can also contact ECA press office.
The ECA member responsible for this report is Nikolaos Milionis.
The ECA's special reports set out the results of its audits of EU policies and programmes or management topics related to specific budgetary areas. The ECA selects and designs these audit tasks to be of maximum impact by considering the risks to performance or compliance, the level of income or spending involved, forthcoming developments and political and public interest.