EU AGRICULTURAL SPENDING MAINTAINED – EU COUNCIL – FINANCIAL PERSPECTIVES
January 1st, 2006
BY KEITH NUTHALL
EU food-related spending will fall from 2007-13 under a medium-term budget agreement struck by member states, declining from Euro 43.1 billion in 2007 to Euro 40.6 billion in 2013. Between those years, spending will be Euro 42.7 billion in 2008; 42.2 billion in 2009; 41.8 billion in 2010; 41.4 billion in 2011; and 41 billion in 2012, (at 2004 market prices). However governments may "transfer additional sums" to rural development programmes.
ENDS
EU food-related spending will fall from 2007-13 under a medium-term budget agreement struck by member states, declining from Euro 43.1 billion in 2007 to Euro 40.6 billion in 2013. Between those years, spending will be Euro 42.7 billion in 2008; 42.2 billion in 2009; 41.8 billion in 2010; 41.4 billion in 2011; and 41 billion in 2012, (at 2004 market prices). However governments may "transfer additional sums" to rural development programmes.
ENDS
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