How much is enough?
The CAP has to respond to new challenges, and thus it needs more funding. At the very least, and more realistically, the current budget must be preserved. That is a common line of reasoning. It is also a surprisingly simple rule-of-thumb considering the eye-watering annual budget of EUR 55 billion. … Read the rest
EP draft report: Whereas all this is nonsense
The EP own-initiative report on the post-2013 CAP is taking shape as a new draft has become available (dated 24.3.2010). Though it is better packaged, and sexed-up with a ‘green growth’ tag, the content is just as dull and conservative as the earlier draft. The report captures the intellectual deficiency of the CAP-insider bubble.
The draft report suggests 5 ‘key building blocks’: area-based direct income support, climate change mitigation payments, payments to areas with natural handicaps, payments for biodiversity and environmental protection, and green growth subsidies with a focus on renewable energy. The first two payments are to be fully financed by the EU, and the other three co-financed by the member states.… Read the rest