FM Minister of State: EU agricultural subsidies after 2020 will be decided in May
EU state and government leaders will decide on the EU’s after 2020 budget and on the amount of resources allocated to the Common Agricultural Policy (CAP) in May – Czerván György, Minister of State of the Ministry of Agriculture (FM) told Kossuth Radio.
According to the Minister of State, we will have to pay attention to retain the current 3.2 percent ratio in the CAP “cake” while the “weight” of Hungarian agriculture is 2 percent in the EU, he added.
Czerván György told the Common Agricultural Policy (CAP) is the most effective economic policy of the Union. He also pointed out that, without EU subsidies, only crop production would be successful in Hungary and in the case of livestock production only the poultry sector would be profitable. (MTI)
Related news
General Secretary Magosz: with the elimination of area-based subsidies, domestic family farms should be liquidated
If the decision-makers in Brussels were to introduce area-based agricultural…
Read more >From 2025, a new EU regulation will affect wetland farmers
From 2025, the conditionality rule system of the Common Agricultural…
Read more >There will be no shortage of domestic pumpkins this year either
Hungarian pumpkins have already appeared in the shops, and domestic…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >