Sunday May 31, 2020

Brexit threat to Irish farm incomes and exports as CAP budget may fall

Fear overall €60 billion pot will shrink in size

Michael Brennan

Political Editor

@obraonain
3rd July, 2016
Farmers are facing a threat of cuts Pic: iStock

Farmers are facing a threat of cuts to their EU grants due to the impending withdrawal of Britain from the EU.

Britain pays out €1.27 billion more into the Common Agricultural Programme (CAP) than it gets back for its own farmers. And unless it pledges to maintain this funding as part of a Brexit deal, the overall €60 billion budget will fall.

Trinity College professor emeritus Alan Matthews, who produced a research paper on the...

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