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Gov’t to grant Ft 5 bln for poultry plants losses

The government will spend Ft 5 billion to help its poultry industry cut losses after bird flu deterred customers, Bloomberg reported citing Agriculture Minister József Gráf.

The payment, pending European Commission approval, could be allocated at the end of April, Gráf said.
The government already pledged to pay Ft 3.5 billion a month ago, László Takács, director of the poultry council said. Takács added the money has not yet been received.