Restrictions may come in case of the EU agricultural subsidies
Restrictions have to be taken in the Union’s new Common Agricultural Policy (CAP) between 2020 and 2027, according to EU Budget Commissioner Günther Oettinger. While the British withdrawal leads to a loss of revenue, the needs to spend more on common defense policy, security and migration problems.
The EU’s budget is built on four key issues, security, economic development and competitiveness, solidarity and sustainability – Günther Oettinger saif after the committee meeting on the framework of the budget for the seven-year period of 2020-2027. He said that the Member States will have to adopt certain restrictions that will mainly affect the Common Agricultural Policy and Cohesion Funds. (agrarszektor.hu)
Related news
Retail sales increased in the euro area and the EU in March
Retail sales in the euro area and the European Union…
Read more >Tibor Navracsics: Hungary makes good use of EU funds
The Kérész Eco- and Active Tourism Center, completed with almost…
Read more >The European Commission extends the license for state aid to agricultural and fishing producers
The European Commission will extend by six months the temporary…
Read more >Related news
KSH: retail turnover increased by 4.2 percent compared to the same period of the previous year, and by 2.0 percent compared to the previous month
According to raw data, the volume of retail sales in…
Read more >Significant increase in retail trade – sector outlook
In March, retail sales volume increased significantly by 2% compared…
Read more >NGM: the recovery of consumption is becoming more and more dynamic, retail turnover increased by 4.2 percent in March, which means that consumption has increased for three consecutive months
Based on the latest data from the Central Statistical Office…
Read more >