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Wed 01 Jan 2003Commission backs Fischler agricultural policy reforms
The European Commission has backed a revised plan to radically reform the EU's Common Agricultural Policy (CAP) in a move that Ireland and France are likely to oppose when member state ministers meet next week.
European Agriculture and Fisheries Commissioner, Mr Franz Fischler, formally outlined the plan today which proposes graduated annual cuts in farm subsidies (modulation), breaking the link between subsidy and output (de-coupling), and reducing minimum guaranteed prices for cereals.
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