The European Union is planning to offer €150 million ($220 million) in aid to European farmers who have suffered huge financial losses because of last week’s E. coli outbreak in northern Germany.
Too bad that’s not even close to the total loses across Europe.
- The Spanish government estimates that farmers have lost €200 million ($293 million)
- The Netherlands has lost €50 million ($73 million)
- The German Farmers’ Association estimates that the country’s 10,000 farmers have been losing €5 million ($7.3 million) a day
- Belgium has lost approximately €4 million since the outbreak
- Portugal’s farmers have lost an estimated €3 million since the outbreak began