EU budgetary debate

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Amid Spanish Farmers’ Protests, The EU Budget Cuts Agriculture And Cohesion Funds Significantly

Bankia Estudios| The initial proposal of the European Council for 2021-27 budget includes a significant cut with respect to the previous budget (1.16% of GDP in 2014-20). The budgetary debate takes place amid strong protests that the agricultural sector in Spain has been carrying out for almost a month. The falls in agricultural income in 2019 (-9%) and the fear of this decrease in CAP support are behind the malaise of the Spanish farm sector, but it is not the only reason.