CAP subsidies as reported to the WTO reached a ten-year high of over €90 billion in the 2006/07 marketing year, but conveniently most of them have been parked in the allegedly non trade distorting green box, something that has provoked disquiet in Geneva. The EU notified €90.7 billion of support to the global trade body for 2006/2007 – up from €75.6 billion in 2002, when support was at its lowest in the last fifteen years.

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Last 5 posts by Wyn Grant

• How can direct payments be justified after 2013? - March 22nd, 2010
• The NFU perspective on the future of the CAP - January 6th, 2010
• Scotland 'on message' on farm subsidies - December 7th, 2009
• G-21 an anti-reform bloc? - November 13th, 2009
• Budget directorate wants to cut CAP - November 4th, 2009