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Press Release - 20th May 2008GLOBAL VISION DISAPPOINTED BY EU'S REFORM OF CAP The EU today unveiled its latest plans for the reform of the Common Agricultural Policy (CAP). They included:
· The progressive transfer of subsidies from the major farmers to traditional family farms. Ruth Lea, Director of Global Vision said: "The CAP is expensive, it increases food prices, disadvantaging the relatively poor, and discriminates against developing countries. Moreover CAP spending continues to rise: in 2001 annual expenditure was €42bn, it is now €54bn. And it still comprises about 45% of the EU's total budget. Britain, in particular, will continue to be disadvantaged as it is a major, and increasing, contributor to the EU budget yet has a relatively small agricultural sector." |
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