OT: The Money Farmers: How Oligarchs and Populists Milk the E.U. for Millions

The European Union spends $65 billion a year subsidizing agriculture. But a chunk of that money emboldens strongmen, enriches politicians and finances corrupt dealing.

formatting link

Reply to
Martyn Barclay
Loading thread data ...

"Every year, the 28-country bloc pays out $65 billion in farm subsidies intended to support farmers around the Continent and keep rural communities alive. But across Hungary and much of Central and Eastern Europe, the bulk goes to a connected and powerful few. The prime minister of the Czech Republic collected tens of millions of dollars in subsidies just last year. Subsidies have underwritten Mafia-style land grabs in Slovakia and Bulgaria.

Europe?s farm program, a system that was instrumental in forming the European Union, is now being exploited by the same antidemocratic forces that threaten the bloc from within. This is because governments in Central and Eastern Europe, several led by populists, have wide latitude in how the subsidies, funded by taxpayers across Europe, are distributed ? even as the entire system is shrouded in secrecy.

A New York Times investigation, conducted in nine countries for much of

2019, uncovered a subsidy system that is deliberately opaque, grossly undermines the European Union?s environmental goals and is warped by corruption and self-dealing.

Europe?s machinery in Brussels enables this rough-hewed corruption because confronting it would mean changing a program that helps hold a precarious union together. European leaders disagree about many things, but they all count on generous subsidies and wide discretion in spending them. Bucking that system to rein in abuses in newer member states would disrupt political and economic fortunes across the Continent.

This is why, with the farm bill up for renewal this year, the focus in Brussels isn?t on rooting out corruption or tightening controls. Instead, lawmakers are moving to give national leaders more authority on how they spend money ? over the objections of internal auditors.

The program is the biggest item in the European Union?s central budget, accounting for 40 percent of expenditures. It?s one of the largest subsidy programs in the world.

Yet some lawmakers in Brussels who write and vote on farm policy admit they often have no idea where the money goes."

Reply to
Spike

So what's new, *any* subsidy gets a proportion misdirected, it's just a fact of life. You might therefore say that subsidies are a bad thing but that is a rather different argument.

Reply to
Chris Green

It's up to the individual members to make sure the money goes where it belongs, not the EU.

Reply to
Pent

HomeOwnersHub website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.