One of the most important aspects of the budget talks will be what happens to agriculture funding. In the latest compromise draft, put forward by European Council President Herman van Rompuy, funding for agriculture would be cut by €14.5 billion, a 6% cut from the European Commission’s proposal. Farmers warn that this could have a devastating effect on European agriculture.
This afternoon, farmers organisation Copa-Cogeca outlined what it believes is at stake. “Agriculture spending, which is less than 1% of EU expenditure, has been falling continuously for many years while other countries like the US, China and Brazil are investing strongly in their agricultural sector to maintain competitiveness,” said the organisation’s Christian Pees.