Subsidies

EU warns no extension for UK farm subsidies

EU farm commissioner Phil Hogan has warned London that EU subsidies will end in 2020 because of Brexit – and it will then be up to the British government to support its farmers.

Mr Hogan told AFP in an interview on Wednesday, 30 November 2016, that there would be no extension to farm payments agreed under the EU’s Common Agricultural Policy.

EU subsidies are legally bound to continue until 2020 despite the fact that British Prime Minister Theresa May’s timetable sees the country leaving the EU in early 2019.

UK farm industry leaders met with British government ministers this week amid fears about how their heavily subsidised sector will cope after Brexit.

Source: AFP (via The Nation)

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