As part of the new Common Agricultural Policy (CAP), the capping of direct payments for “large farmers” may be introduced on a “voluntary basis” by member states, according to the European Council.
The European Council announced today, Tuesday, July 21, that the capping of direct payments will be introduced “on a voluntary basis at the level of €100,000 for large beneficiaries”.
The council has “agreed” a CAP (2021-2017) budget allocation of €356.3 billion, as part of the wider Multiannual Financial Framework (MFF) budget spanning the seven-year period. BISS to replace BPS In its framework document, the council stated that this (capping) […]
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