Fischler Gives His Approval to UK's Modulation Rates Approval

Clarke, Philip
April 2003
Farmers Weekly;4/4/2003, Vol. 138 Issue 13, p8
Trade Publication
European Union (EU) farm commissioner Franz Fischler has said Great Britain should be allowed to continue modulating direct income payments at existing rates, despite plans for a compulsory EU scheme at a lower rate, as of May 27, 2003. Under Fischler's CAP reform proposals, compulsory modulation would kick in at 1% from 2006, below 3.5%, currently used in Great Britain to fund environmental schemes. However, there have been fears that British government would have to drop down to the lower rate once the EU scheme comes in, jeopardizing the government's flagship agri-environment scheme.


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