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Swiss cheese winded by end of EU milk quotas, strong franc

Hike in EU milk output will increase competition in cheese just as euro's slump slices into value of Swiss exports

Switzerland exported 17% less Emmental last year as Europeans bought cheaper alternatives to the archetypal Swiss cheese.


THE end of milk quotas in Europe is making a discount Emmental from Germany a stronger foe to Swiss cheese.

The European Union (EU) this month scrapped restrictions on how much milk dairy farmers can produce as the 28-nation bloc seeks to liberalise agricultural markets....

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