The Netherlands fined €40m for breaking milk quota

The Netherlands has been fined €40m by the European Commission for producing and selling more milk than allowed under EU quotas.

Denmark, Austria, Cyprus and Luxemburg were also fined a total €15m for breaking the quotas.
The quota system is due to end in 2015. Preliminary figures show between 2010 and 2011 the EU as a whole produced 6% less milk than the quota allows.