Dutch finance minister criticises EU farm subsidies

29th May 2009, Comments 0 comments

Wouter Bos expresses doubt on the EU's decision to award development aid to Flevoland and suggests members states can perhaps better decide on who to help.

The Hague – Dutch Finance Minister Wouter Bos is calling for an end to the EU's agricultural subsidies.

Speaking at an election rally of his Labour party in Leiden, Bos said the EU’s spending pattern resembles that of "pumping money around in circles".

Bos expressed doubt on the EU's decision to award development aid to the Dutch province of Flevoland as the Netherlands is a relatively rich country.

According to Bos, 70 percent of the EU's EUR 135 billion-budget is spent on agriculture and on financial support for poor regions.

Bos said member states are better equipped to decide on helping farmers and disadvantaged regions.

The EU should spend its money instead on transnational themes like climate change measures and sustainable energy, he added.

The EU budget is financed by member state contributions.

Some members, including the Netherlands, contribute more to the EU than they get back in earmarked subsidies.

Radio Netherlands / Expatica

0 Comments To This Article