Late night breakthrough brings EU closer to deal on farm subsidies


  • World
  • Friday, 25 Jun 2021

FILE PHOTO: Sheep are pictured at "La Ferme d'Etaules" farm in Etaules, France, February 23, 2021. Ludovic Marin/Pool via REUTERS/File Photo

BRUSSELS (Reuters) - European Union negotiators struck a deal on contentious parts of the bloc's farming subsidy policy in the early hours of Friday morning, raising hopes of an agreement on the overall package.

Negotiators from the European Parliament and EU member states are attempting to end a three-year struggle over the future of the Common Agricultural Policy (CAP), which will spend 387 billion euros, a third of the EU's 2021-2027 budget, on payments to farmers and support for rural development.

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