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FEB 12, 2013 - Business Insider

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The Economic Crisis Created Europe's Horse Meat Scandal

The ever-widening scandal that began with horse DNA found in Irish and British beef burgers has been blamed on a variety of things, including a Romanian "horse mafia", opaque supply chains and weakened legislation on the European meat industry. Writing in the Financial Times, Jamie Smyth posits a new theory — the influx of cheaper horse meat into the European beef supply chain can be directly linked to the 2008 financial crisis and its aftermath. Smyth uses the example of Ireland, where the "Celtic Tiger" years saw a rise in pet horses and sports horses, to back up the theory: The ... Read More

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