The EC would reduce the agricultural subsidies granted to Hungary by 5 percent between 2021-2027

For the EU, the European Commission (EC) foresees agricultural subsidies of 5,775 billion euros (3700 billion forints) in the proposal for the EU budget for the period 2021-2027, which was announced on Friday in Brussels.

According to the proposal presented in early May, the EU’s next multiannual budget would make a total of 1135 billion euros in commitments at 2018 prices, of which 365 billion euros would be devoted to the Common Agricultural Policy (CAP), which was less than in the 2014-2020 period. (MTI, Bajnok Artúr)