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French back subsidy cuts

19 January 1999
French back subsidy cuts

FRANCE threw its weight behind the idea of reducing farm subsidies at yesterdays Farm Council meeting of European agriculture ministers in Brussels …more…
todays news



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French back subsidy cuts

19 January 1999
French back subsidy cuts

By FWi staff

FRANCE threw its weight behind the idea of reducing farm subsidies at yesterdays Farm Council meeting of European agriculture ministers in Brussels …more…
todays news



Agrimonetary Euro rate = £0.7013
Creditworthy customers?
FWi Company Check gives peace of mind
Making Money out of Beef – MLC report
Click here for a summary
MLC Interactive Beef Management programme
ADAS, CLA and NFU membership services
Click the logos
    



    Read more on:
  • News

French back subsidy cuts

19 January 1999
French back subsidy cuts

By FWi staff

FRANCE threw its weight behind the idea of reducing farm subsidies at yesterdays Farm Council meeting of European agriculture ministers in Brussels.

In a move which the Financial Times describes as “unthinkable for a French Government just a few months ago,” French farm minister Jean Glaveny said he approved cutting direct aid to farmers.

French support for reduced subsidies increases the likelihood that European agriculture ministers will meet their March deadline for agreement on reform of the Common Agricultural Policy (CAP).

The decision was taken in the face of a greater threat from the European Union (EU) to adopt “co-financing”, a measure which would force France to pay more to finance the CAP.

French agriculture minister Jean Glavany called on EU Governments to consider a plan by which direct payments for farms would be cut gradually after rising to a peak early in the next decade.

This would the CAP budget to be frozen and could remedy distortions which mean countries with small farm communities pay proportionally more into the EU than large countries.

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