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Europe Daily Bulletin No. 11177

16 October 2014
INSTITUTIONAL / (ae) budget
Crisis reserve to be used for measures related to Russian ban

Brussels, 15/10/2014 (Agence Europe) - In the amending letter no. 1 for the 2015 budget, which was published on Wednesday 15 October, the additional available revenue to fund the common agriculture policy (CAP) stands at €465 million. A windfall which the farmers have been relying on to offset the Russian ban brought in at the start of August on agricultural products from the EU.

The problem is that in times of budgetary austerity and when the EU budget is being stretched to its limits by...

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