Financially the repercussions of the economic and financial crisis will strongly limit the increase of the budget. Of the budget of the EU surely the euro crisis will enhance the pressure even more. On top of that new policy priorities like energy, climate and infrastructure will demand substantial means. So the budget for the CAP will become under serious pressure. It is not to bold to expect a 10 to 20% cut will be the target for the next budget period after 2013.
|Journal||APSTRACT: Applied Studies in Agribusiness and Commerce|
|Publication status||Published - 2012|