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Reducing exposure

机译:减少曝光

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Very soon the European dairy industry is going to discover the strength of the Commission's commitment to a soft landing. Throughout the debate on the Health Check the Agriculture Commissioner Mariann Fischer Boel has stressed her desire to see a smooth transition to a post quota environment. What most people have taken this to mean is that the removal of production constraints should not result in a sudden price collapse. It has also been taken to mean that the Commission will not completely abdicate its responsibilities for market management during the transition period. The Commission still has the full panoply of tools to undertake this role. All the market management instruments are still in place; it just happens to be the case that all aid rates are currently set at zero. Driving aid rates to zero wasn't a conscious act of policy; it was more a matter of good fortune. The unexpected surge in prices in 2007 gave the Commission the opportunity to slash aid rates. Everybody was startled by the events of 2007 and floundered around for an assessment of what it meant for the future. The most common prognosis was that average prices wouldn't return to the levels seen in the past but prices would be more volatile.
机译:欧洲乳业很快将发现委员会对软着陆的承诺的力量。在有关健康检查的整个辩论中,农业专员玛丽安·菲舍尔·布尔(Mariann Fischer Boel)强调她希望看到向配额后环境的平稳过渡。大多数人认为这意味着消除生产限制不应导致价格突然暴跌。也有人认为,在过渡时期,委员会将不会完全放弃其市场管理职责。委员会仍然拥有发挥这一作用的全部手段。所有市场管理工具仍然存在;碰巧目前所有援助率都设为零。将援助率降至零并不是一种有意识的政策行为;这更多的是幸运的事。 2007年价格的意外上涨使委员会有机会大幅削减援助率。每个人都对2007年的事件感到震惊,并四处寻找对未来意味着什么的评估。最常见的预测是平均价格不会回到过去的水平,但价格会更加波动。

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