Thursday 30 July 2009

EC budget shock

The Lords EU Committee published its report into the 2010 EC budget today, and guess what?

Too much money is being spent on farming. Never saw that one coming.

They argue that a large chunk of the £54 billion allocated to the management and preservation of natural resources – a heading that includes the scandalous Common Agricultural Policy – should be redirected.

Instead the Lords say it should go to boosting economic and employment growth. How Anglo Saxon of them.

As highly influential as Lords committees are, I can’t see Brussels rolling over on this one.

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