Economy & FinanceLithuania

Lithuania’s dairy market regulations are risky


Lithuanian producers of dairy products are obliged to primarily use milk from Lithuania since the end of June

Verslo žinios business paper finds this new regulation questionable:

This law has given fresh fuel to the ongoing dispute between two parties, the dairy farmers and the dairy product manufacturers. The former hope the limitations will raise the milk prices and ease the competition with milk supplies from Latvia and Estonia. The second are irritated because the new restrictions make their work harder.

… It’s true that they mean the market is more regulated, but it is entirely possible that they will provoke unpleasant questions from the European Commission.

… The market must be regulated, but in a way that keeps the sheep unharmed, the wolf satisfied and Brussels calm.



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