EU Farm ministers have approved a compromise deal to reform the common agricultural policy
Published:
27 June 2003 y., Friday
EU Farm ministers have approved a compromise deal to reform the common agricultural policy. The agreement was welcomed by EU Farm Commissioner Franz Fischler as the start of a new era. Speaking after overnight talks in Luxembourg he said: "I'm sure that agriculture will change as a result of this new rule. Europe has adopted a new, efficient agricultural policy. Above all, a large part of the direct payments will no longer be linked to production."
That link, in the form of subsidies, is widely blamed for encouraging massive overproduction. EU farm spending swallows nearly half the union's entire annual budget of almost 100 billion euros. In a gesture towards France, one of the biggest beneficiaries, Fischler abandoned the idea of a five percent cut in the price of key cereals. Breaking the subsidy/production link in cereals will begin in 2005 with an option to delay implementation until 2007. For livestock, member states will have a choice over which individual payments they wish to keep linked to the number of animals on the land. Agreement on reforming the CAP was seen as essential ahead of World Trade Organisation talks, which resume in Mexico in September.
Šaltinis:
EuroNews
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
President of the Republic of Lithuania Dalia Grybauskaitė goes for a working visit to Brussels to attend an informal meeting of the European Council.
more »
President Dalia Grybauskaitė extended congratulations to President Valdis Zatlers and the people of Latvia on their national holiday - Independence Day.
more »
On 16 November in Brussels, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas took part in the joint meeting of European Union’s foreign and defence ministers with NATO Secretary General Anders Fogh Rasmussen.
more »
Wednesday, November 11, President of the Republic of Lithuania Dalia Grybauskaitė met with President of the Republic of Poland Lech Kaczyński.
more »
On November 5-6 meeting of the Baltic Chiefs of Defence Staffs of the Baltic States will be held in Nemenčinė, Gen. Ramanauskas Warfare Training Centre (Vilnius Region).
more »
The interview of Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas to the daily Die Presse about his country’s sensitive relations with Russia, about perspectives for Kiev and bad American PR in the antiballistic missile defence debate.
more »
Professor Vytautas Landsbergis, outstanding Lithuanian politician and cultural figure, is invited as a keynote speaker and will deliver a report on the Lithuanian contribution to European freedom and unification in 1988-1989.
more »
President of the Republic of Lithuania participating in her first session of the European Council strongly defends interests of the Baltic countries and other new Member States of the EU at the commencing discussion among the European leaders concerning the common position to be upheld in the upcoming world-wide meeting in Copenhagen on the issue of mitigation of consequences of climate change.
more »
Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas offers his most sincere condolences to the families of those who have lost their loved ones during the terrorist act in Kabul, the capital of Afghanistan, on 28 October.
more »
President Dalia Grybauskaitė extended congratulations to President Abdullah Gül on the 86th anniversary of the founding of the Republic of Turkey.
more »