A flurry of activity in the past two days under the Irish Presidency opens the path to approval of the new CAP regulations in September.
Presidency issues paper defines the outstanding issues and possible compromises for a political agreement in the CAP reform trilogue process.
At this stage, none of the parties are contemplating the options if there is no agreement following the June Agricultural Council next week.
While it will be difficult for the Parliament to accept, now is not the time for it to use the blunderbuss of its veto power by rejecting the MFF for an unprecedented time.
The compromise MFF agreement is a major achievement for the Irish Presidency but approval by the Council and the Parliament will be a rocky process.
With the MFF negotiations between Council and Parliament headings towards a high-noon showdown next Tuesday 18 June, this post recalls the steps in the trilogue process to this point.
Presentation by Francesco Mantino discusses what we can expect in next rural development programmes following CAP reform.