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Europe refuses to cap agricultural subsidies

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Wednesday, 23 March 2011

Europe refuses to cap agricultural subsidies

“[The Presidency] notes the significant opposition of Member States to the introduction of an upper ceiling for direct payments received by large individual farms,” state the conclusions of the meeting. This proposal was one of the cornerstones of the European Commission’s revamped common agricultural policy (CAP), according to a document published last November. Brussels had suggested setting a ceiling on payments to large farms in order to establish “a more balanced distribution of payments among farmers”. According to Agriculture Commissioner Dacian Ciolos, such a move would give greater credibility to the CAP. The Commission had hoped a ceiling would reduce criticism of the CAP, which is regularly accused of paying out large subsidies to large landowners such as the Queen of England or the Prince of Monaco.

Source: Euractiv.fr