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
In 2023, the animals were fed mainly with fermented and fibrous bulk feed
In Hungary, 7,598,000 tons (100 percent coverage) of fodder were…
Read more >The agricultural council must show the main directions of the agricultural policy after 2027
The aim of the six-month Hungarian presidency of the Council…
Read more >Fresh Hungarian sweet corn is delicious both baked and boiled
Sweet corn is one of the hit vegetables of the…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >