The agrarian chamber opposes the reduction of CAP funds

The National Chamber of Agriculture (NAK) strongly opposes the European Commission’s announced proposal to reduce the resources of the EU Common Agricultural Policy (CAP) in the future. The Chamber urges EU decision-makers to tackle the importance of the half-billion EU food industry.

Taking into account the structural changes, it seems that due the Commission’s proposal in its current form, the CAP budget of 2021-2027 would have fallen by a nominal value of around 4 percent, which would lead to a more noticeable fall in real value. The Chamber is clearly opposed to the recently published proposal, which would continue the process of losing the share of the CAP within the EU budget – NAK wrote in its announcement. (agrarszektor.hu)