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European agriculture after MacSharry

Economisch Statistische Berichten 77(3864): 594-597

European agriculture after MacSharry

EC agricultural ministers have recently come to an agreement on the agricultural reforms proposed by MacSharry, the Agricultural Commissioner. The most important measure is a drastic reduction in grain prices compensated for by direct income subsidies. The agreement will mean great expense for the EC. Overall the new regulations are complicated and will need many administrative controls. There will be the risk of fraud.

Accession: 002373920

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