Wednesday, January 11, 2012

No deal before French and German elections

No deal on CAP reform will be reached until after the French election in 2012 and the German election in 2013 according to Defra minister Caroline Spelman speaking at the Oxford Conference. She also said that Britain was reaching out beyond its traditional allies in Scandinavia and the Netherlands to countries such as Slovakia and Romania to build an alliance against the 'capping' of CAP payments to large farms: CAP reform

Opinion at the Oxford Conference and in polls of farmers was sharply divided on whether British agriculture could flourish outside the EU.

1 comment:

farmland investment said...

And of course, one must take into account how the Euro crisis develops as well. It seems inevitable in the current economic situation that countries will be much more ornery about their contributions to the EU budget and I could imagine quite a few wanting to see CAP reduced significantly. It will also be interesting to see how things play out with the subsidies to CEE countries. From a selfish perspective, as we are involved in a farmland investment in Lithuania, I am hoping that CAP money flows to CEE!