MEPs adjust EU cotton areas for subsidies
The European Parliament's Agriculture Committee has suggested that the proposed cotton area eligible for EU subsidies in Greece be cut to 270,000 ha in view of the continuing decline in production. The Committee was commenting on European Commission proposals on a revised EU cotton subsidy system ( Agrow No 533, p 8), which would allocate national maximum subsidised areas of 370,000 ha for Greece, 70,000 ha for Spain, 10,237 ha for Bulgaria and 360 ha for Portugal. Despite recommending a reduction in the subsidised area, the MEPs urged the Commission to safeguard the EU cotton-growing industry. While cotton only accounts for under 0.2% of European agricultural output, it is economically important in Greece and Spain, they noted.