Thursday, September 03, 2020

Update on EU Agricultural Programs

 Been a long time since I posted on this subject. Here's a recent release--the study is critical of the EU programs:

The Common Agricultural Policy (CAP) is the EU's largest budget item, averaging EUR 54 billion annually. It is well known that over 80% of payments are going to only 20% of farmers, but to what extent these payments support policy goals is poorly understood, due to a lack of transparency and complex reporting.

"Our analysis shows that at least €24 billion per year goes to income support in the richest regions, while the poorest regions with the most farm jobs are being left further behind.

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