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Time for CAP reform

Series: Foreign Policy Centre Press Release ; 27 September 2002, (5)Publication details: 2002Subject(s): Summary: The Foreign Policy Centre (FPC) has suggested that direct subsidies should be replaced by bonds as part of a reform of the Common Agricultural Policy. The report, "How to reform the Common Agricultural Policy" by the FPC has called for all current direct subsidies to farmers in the EU to be converted into a cash bond. This could be sold on the capital markets and it would diminish in value over time, beginning the move away from direct payments.
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News article London News article WB3836-19 (Browse shelf(Opens below)) 1 Available 119983-1001

The Foreign Policy Centre (FPC) has suggested that direct subsidies should be replaced by bonds as part of a reform of the Common Agricultural Policy. The report, "How to reform the Common Agricultural Policy" by the FPC has called for all current direct subsidies to farmers in the EU to be converted into a cash bond. This could be sold on the capital markets and it would diminish in value over time, beginning the move away from direct payments.