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France 24

Business

Yuka ROYER

Price of French butter nearly doubles in a year

European Union France Belgium Germany

BUSINESS © FRANCE 24

The wholesale price of butter in France hit a record high in September, rocketing to €8,180 compared to €4,260 a year earlier, as an epidemic among cows affected production. But first: a new, common digital payment system has been launched in France, Belgium and Germany, backed by 16 major banks. The platform, "Wero", enables person-to-person cross-border payments instantly, at no additional cost, as EU banks aim to regain sovereignty over digital payments.

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