EU tightens pursestrings on farm subsidies
Foreign ministers of European Union (EU) countries have made it clear that
the European Commission (EC)'s offer of 25% of direct farming subsidies is
the maximum EU candidate countries can hope for. The ministers met inf
ormally in Spain, making no official decisions, but giving a strong message
to candidates. Germany and France are said to have unofficially agreed to
demand that the EC's offer of euro 40 billion for accession countries in the
years 2004-2006 be slashed to euro 32 billion. In view of the September
parliamentary elections in Germany it now looks unlikely for the financial
terms of EU expansion to be determined by June, although Spain, which
currently holds the preesidency of the EU, has made such a pledge to c
andidate countries. (Rzeczpospolita, Feb. 8-9, p. B2) T.J.