Nearly 40 percent of the EU’s budget ends up in farms, through the Common Agricultural Policy (CAP), which funds tens of billions of euros in subsidies. But now, the Commission is proposing new strategies to make farming more sustainable as part of its Green New Deal. Meanwhile, budget cuts are looming large. What’s more, a recent New York Times investigation raised questions about where the money is ending up – the paper providing evidence that corrupt government officials in several member states are or have been misusing subsidies to enrich their friends, families and even themselves.
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In This Story: EU
The European Union (EU) is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.
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In This Story: France
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.