01 September 1997
EU farm reform under scrutiny next week

FARM reform will be high on the agenda when European Union agriculture ministers begin a three-day informal meeting in Luxembourg on Sunday.

The European Commission regards a reduction in prices as an essential precursor to enlarging the Union and the next round of world trade talks.

Most resistance is expected from Germany and France. The farming sector, including subsidies, accounts for nearly half of the Unions budget.

  • Financial Times 01/09/97 page 38