In a document presented on Thursday 13 October, Farm Europe expressed its concern about the effects of rising inflation on the EU’s Common Agricultural Policy (CAP) funds.
The think-tank thus mentions a rapid decrease in the CAP budget. Because of rampant inflation, “which reduces the real value of support” provided to farmers.
When the budget (2021-2027) for the CAP was adopted by the EU Council and the European Parliament, the scenario was still one of low inflation (maximum...