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EU Official: Union Considering Payouts to Compensate for Russian Ban

The European Union's trade chief said on Thursday the bloc was considering compensating European food producers hit by trade restrictions that Russia has imposed in retaliation for EU sanctions over the Ukraine crisis. Trade Commissioner Karel De Gucht told business leaders in Cyprus the EU was looking at ways to help food producers during the crisis, and said he “strongly supported” the sanctions. “To offset the problems for European food producers caused by Russia's recent...

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