HUNGARY’S DAIRY SECTOR GETS SHOT IN ARM FROM CAP PLAN FINANCINGHUNGARY’S DAIRY SECTOR GETS SHOT IN ARM FROM CAP PLAN FINANCING
January 22nd, 2023
THE HUNGARIAN dairy industry and supporting government officials are looking ahead to incoming financial support from the European Union (EU) now that the European Commission has approved the country’s Common Agricultural Policy (CAP) strategic plan for 2023-2027. This has cleared the way for a ЕUR8.4 billion transfer in funding from Brussels, despite the friction between the EU and the Hungarian government, led by populist right-wing Prime Minister Viktor Orbán. Under this plan, which started operating on January 1, Hungary will spend at least EUR2 billion ...
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