AGL 40.18 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.31 Increased By ▲ 0.27 (0.21%)
BOP 6.64 Decreased By ▼ -0.03 (-0.45%)
CNERGY 4.50 Decreased By ▼ -0.01 (-0.22%)
DCL 8.57 Increased By ▲ 0.02 (0.23%)
DFML 41.97 Increased By ▲ 0.53 (1.28%)
DGKC 87.75 Increased By ▲ 0.90 (1.04%)
FCCL 32.70 Increased By ▲ 0.42 (1.3%)
FFBL 65.21 Increased By ▲ 0.41 (0.63%)
FFL 10.33 Increased By ▲ 0.08 (0.78%)
HUBC 109.35 Decreased By ▼ -0.22 (-0.2%)
HUMNL 14.73 Increased By ▲ 0.05 (0.34%)
KEL 5.13 Increased By ▲ 0.08 (1.58%)
KOSM 7.54 Increased By ▲ 0.08 (1.07%)
MLCF 41.85 Increased By ▲ 0.47 (1.14%)
NBP 59.90 Decreased By ▼ -0.51 (-0.84%)
OGDC 193.85 Increased By ▲ 3.75 (1.97%)
PAEL 28.25 Increased By ▲ 0.42 (1.51%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 151.95 Increased By ▲ 1.89 (1.26%)
PRL 26.63 Decreased By ▼ -0.25 (-0.93%)
PTC 16.11 Increased By ▲ 0.04 (0.25%)
SEARL 85.60 Decreased By ▼ -0.40 (-0.47%)
TELE 7.65 Decreased By ▼ -0.06 (-0.78%)
TOMCL 35.50 Increased By ▲ 0.09 (0.25%)
TPLP 8.14 Increased By ▲ 0.02 (0.25%)
TREET 16.09 Decreased By ▼ -0.32 (-1.95%)
TRG 52.80 Decreased By ▼ -0.49 (-0.92%)
UNITY 26.40 Increased By ▲ 0.24 (0.92%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,957 Increased By 73.1 (0.74%)
BR30 30,925 Increased By 325.2 (1.06%)
KSE100 93,860 Increased By 504.3 (0.54%)
KSE30 29,086 Increased By 154.7 (0.53%)

The Italian government's 100 million euro ($120.2 million) plan to help its poultry sector survive the bird flu crisis was rejected by President Carlo Azeglio Ciampi on Friday due to lack of funds.
Parliament approved tax breaks for the poultry industry on Wednesday, but Ciampi, who has the final say on legislation, sent the bill back, saying it did not have the financial cover needed, according to a statement from his office.
The bill will now be discussed again in parliament next Tuesday. Although Italy's legislature is formally closed in the runup to an April 9 election, it can convene for urgent matters.
Chicken sales have plummeted 70 percent in Italy due to consumer fears over bird flu and the sector has cut 30,000 jobs due to the crisis, farmers' confederation Coldiretti has said. Italy was one of the first countries in the European Union to discover the deadly H5N1 virus when, on February 11, it was confirmed found in several wild swans.

Copyright Reuters, 2006

Comments

Comments are closed.