Brussels: European Commission President Ursula von der Leyen has proposed accelerating the provision of financial support worth pound 45 billion to farmers across the European Union. Von der Leyen made her call in a letter she sent to the President of Cyprus, whose country currently holds the rotating presidency of the EU, and to the President of the European Parliament.
According to Kuwait News Agency, the EU Commission intends to introduce amendments to its proposed 2028-2034 budget, which has faced sharp criticism from agricultural unions. The goal is to allow farmers early access to approximately pound 45 billion. This proposal comes as Brussels seeks to address reservations voiced by several EU member states regarding the free trade agreement with the South American Mercosur bloc, which the Commission hopes to sign next week.
In this context, the EU will convene a meeting of agriculture ministers from member states on Wednesday for talks aimed at persuading Italy, France, and other hesitant countries to approve the Mercosur agreement. EU commissioners responsible for agriculture, trade, and health are expected to provide reassurances on future funding for farmers under the EU's Common Agricultural Policy, including a pound 6.3 billion crisis fund in the next EU budget.
Italian Prime Minister Giorgia Meloni welcomed the proposal, noting that Italy had requested it, and stated that "this is a positive and significant step forward in the negotiations that will lead to the new EU budget." Cyprus, which currently holds the EU presidency, has invited all agriculture ministers from EU member states to attend the meeting at the Commission's headquarters in Brussels.
Meanwhile, the European Commission, backed by countries supporting the Mercosur agreement, notably Germany and Spain, is seeking to secure a qualified majority of 15 member states representing 65 percent of the EU population to approve the signing of the agreement as of January 12.