The EU closes an agreement on the reform of the CAP that will regulate the field between 2023 and 2027

The EU is expected to allocate around 390,000 million euros from the European budget to the new CAP, of which some 47,700 million will go to farmers and ranchers in Spain

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The countries of the European Union (EU) closed at dawn on Wednesday, after 42 hours of negotiations, an agreement on the reform of the Common Agricultural Policy (CAP), which will regulate the European countryside between 2023 and 2027.

“We think it is a balanced proposal that responds to different sensitivities. It is imperfect but very good “, said the Spanish Minister of Agriculture, Fisheries and Food, Luis Planas, on the compromise text prepared by Germany, the country that presides over the EU Council, to achieve a consensus.

The EU is expected to allocate to the CAP during the next period around 390,000 million euros of the European budget, of which some 47,700 million will go to farmers and ranchers in Spain

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