jan 1, 1984 - Introduction of milk quota in EU

Description:

International friction due to export strategy, and EU dairy quota introduction:
- EU faces significant overproduction in dairy sector (coupled support per produced unit!); this combined with guaranteed prices for farmers (higher than world market)
- This means costs for tax payers and international tensions as EU exports subsidized milk
- Consequence: slow phasing out of milk quota till 2015 and reduced milk prices, higher pressure on farmers

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