20 November 1998
EU budget freeze could halt CAP reform
A GROWING campaign among European Union countries could halt the reform of the Common Agricultural Policy.
At least six of the EU 15 member states want a cut in the EU budget.
But the European Commission is resisting a freeze because of the potential impact on the Agenda 2000 proposals for reforming CAP.
Commission officials fear that a freeze at 1999 levels would limit the EUs ability to fund CAP reforms which would add about Ecu3 billion a year to the farm budget.
- EU cereal reform fails to impress, FWi, 17 November, 1998
- CAP reforms condemned as “too expensive”, FWi, 16 November, 1998
Financial Times 20/11/98 page 2