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Fri 07 Jul 2008EU backs €1bn aid plan for African farmers
The European Commission backed a plan today to give €1 billion to farmers in Africa next year to help tackle high food prices and boost output, despite opposition by many EU states.
The EU cash, largely the result of underspending and leeway in the bloc's massive agriculture budget, comprises 750 million euros earmarked for 2008 and the remainder for 2009. This year's amount could be given retrospectively from mid-June.
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