The agreement reached by EU Heads of State and Government on Tuesday 21 July allows for saving most of the money for the Common Agricultural Policy (CAP), as the budget is maintained at the same level from 2021-2027, in constant euros.
The 2021-2027 budget foreseen amounts to € 258.594 billion (constant 2018 euros) for the 1st Pillar of the CAP (market expenditure) and € 77.85 billion for the 2nd Pillar (rural development). Under the EU's post-2020 economic recovery plan, €7.5 billion...