European Union: A&M Distress Alert: Distress Levels Rise To Highest Since The Pandemic As Inflation And Policy Tightening Get Real For European Corporates In 2023 - Alvarez & Marsal

Farmer Protests Continue , Across Europe Amid , Rising Costs and Environmental Policies. On February 9, farmers across Italy, Spain and Poland took part in ongoing protests against farming policies in the European Union. Fox News reports that farmers in the EU are demanding measures to combat increased production costs, falling profits and competition from non-EU countries. Fox News reports that farmers in the EU are demanding measures to combat increased production costs, falling profits and competition from non-EU countries. Recent weeks have seen similar protests take place across the bloc. Farmers claim that EU policies have become a financial burden that makes their products more costly than non-EU imports. In response to the protests, the European Commission has offered concessions that include shelving plans to drastically reduce the use of pesticides. In response to the protests, the European Commission has offered concessions that include shelving plans to drastically reduce the use of pesticides. In Poland, farmers blocked major roads with tractors, displaying signs reading, "EU Policy Is Ruining Polish Farmers.". The protest is directed against the policy of the European Union, against the Green Deal and against the policy that allows for an uncontrolled inflow of farming produce from Ukraine, Adrian Wawrzyniak, spokesman for the Solidarity Union of Individual Farmers, via The Associated Press. Fox News reports that farmers are also protesting the EU's Green Deal, which calls for reducing the use of chemicals and greenhouse gas emissions. The Green Deal will also require farmers to dedicate 4% of their farmland to biodiversity and landscape protection, which could have a negative impact on output. . The series of protests, which were also staged in Italy and Spain, are expected to continue throughout the coming weeks.