Valentin Zahrnt (ECIPE), 2011.
Promoting a more liberal and competitive Europe would gain the UK more than only focusing on cuts to the budget.
Many argue that we should first agree on the objectives of the future CAP, then select the most suitable policy instruments, and talk about financing only at the very end. But financing issues cannot be delayed in the political debate - the Commission’s leaked budget review conclusions mention that ‘a larger responsibility of current CAP spending could be assigned to the Member States, or direct aid could be co-financed by national contributions’. This contribution submits four theses on co-financing, that is, the sharing of subsidy costs between the EU and the Member States.