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Greece Ranks Fourth in Highest Milk Prices

milkGreece has the fourth highest price in cow’s milk in the EU. The data was presented to the Greek Parliament by the Deputy Minister of Development, Thanasis Skordas after SYRIZA MP, John Michelogiannakis, questioned the matter.
According to data released by the Greek Organisation of Milk and Meat (ELOGAK), the average price of cow’s milk in Greece in December 2013 (latest official data) was 45.2 cents per liter, while in the same period in 2010, it was 39.1 cents per liter. This increase is mainly due to the combination of the reduced Greek production and the increased input costs, said the Deputy Minister.
Data for the period January-November 2013 show that Cyprus has the highest price (57.5 cents/kg), followed by Malta (52.7 cents/kg), Finland (45.6 cents/kg) and Greece (44.5 cents/kg).
During the last eight years, the domestic production of cow’s milk is shrinking while the national quota is rising. It is estimated that from about 742,000 tonnes of production with a quota of 820,000 tonnes before eight years, Greece currently produces about 627,000 tonnes of production with a quota of 870,000 tonnes. Moreover, the cattle farmers who a decade ago amounted to over 8,500, are currently numbered at only 3,600.

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