The European Commission announced a record €2 trillion budget, merging agricultural subsidies into a single fund of €865 billion, with €300 billion ringfenced for income support. Despite claims of strengthening agriculture, experts estimate a 20-30% real cut in agricultural spending. The CAP's share of the EU budget is declining, reflecting a shift in priorities towards defense and competitiveness. The proposal has faced backlash from MEPs and farmers, leading to protests and demands for adjustments to protect farmers from price volatility. Teljes cikk (Euronews.com)