The offer starts at 150 million euros to compensate European Union farmers affected by the E.coli outbreak.
By some estimates, weekly economic damage is pegged at 80 million euros in the Netherlands, 20 in Germany, 4 million in Belgium, three million in Portugal and 200 million in Spain.
Going into talks with EU ministers in Luxembourg, the Agriculture Commissioner also considered the consumers who no longer feel all fresh produce is safe.
Dacian Ciolos said: “We’ll propose 150 million euros, and look at the loss estimates projected over the days and weeks to come. I hope that, as soon as possible, the Germany authorities manage to pinpoint the source of the infection, because without that it will be difficult to get consumers’ trust back.”
Spain is also looking to restore the reputation of its produce, after being unfairly blamed.
Commissioner Ciolos said the money would go to growers whose businesses have been affected by the outbreak of the disease in Germany last month.
As well as a headline figure for any compensation, the ministers have been studying how money will be paid out and to whom.