The European Commission adopted a proposal on Thursday 30 March on applying financial discipline for the purpose of creating the 2017 agricultural crisis reserve amounting to €459.5 million (2018 budget).
The proposal could see common agricultural policy (CAP) direct payments of more than €2,000 cut by 1.388149%. Croatian farmers would not be affected by this reduction.
The so-called financial discipline proposal has been made each year since the last CAP reform, in 2013. The rate is...