On Friday 2 December, the European Commission approved the Common Agricultural Policy (CAP) strategic plans presented by Italy and Cyprus, worth €26.61 billion and €373 million respectively.
€7.4 billion of the total EU budget for these two countries will be spent on environmental and climate objectives and eco-schemes, and around €680 million on young farmers (see EUROPE B13070A8).
Italy is one of the largest agricultural producers and food processors in the EU, with a highly...