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Sunday, November 03, 2002

Wyn Grant's Common Agricultural Policy (CAP) page offers plenty of mind-boggling facts and figures which will probably shock you as much as they did me... 45% of the EU's (£53+ billion) budget is devoted to the CAP, 1880 farmers receiving the largest subsidies receive 1 billion euros a year, 7% of beneficiaries receive 50% of payments, the EU minimum price at which sugar may be sold on the EU internal market is 632 euros/tonne (the world price at which EU sugar is exported is currently 180 euros). France, Greece, Luxembourg, Ireland + Italy appear likely to resist CAP reform until the existing agreement expires in 2006 whereas the UK, Germany, Denmark, the Netherlands + Sweden want reform prior to further EU enlargement...