Brussels lines up farm funding concessions to get Mercosur deal over the line
politico.eu••world
Key Points:
- The European Commission is preparing a declaration to reassure hesitant EU countries ahead of a crucial vote on the long-delayed Mercosur trade deal scheduled for Friday.
- Italy, holding a key vote due to its large population, may be swayed by potential assurances of financial support for farmers under the EU's 2028-2034 budget, addressing concerns over a proposed 20% cut in agricultural subsidies.
- France and Poland remain opposed to the deal, but without Italy's veto, they lack sufficient votes to block the agreement.
- EU farm ministers will meet on Wednesday to assess the situation following recent protests by European farmers against the Mercosur deal.
- If approved, the deal will create a free-trade zone covering over
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