Seanad debates
Wednesday, 26 November 2003
Address by Mr. Joe McCartin, MEP.
In 2001, a total of €760 million came to Ireland through Structural Funds. Those funds will diminish, of course, but Ireland also received more than €1,700 million from various agricultural programmes. Assuming that total agricultural income in Ireland is €2 billion, 80% of the income of Irish farmers is paid directly from the European Union. I have read a paper produced by the Cato Institute in the United States, an international economic study organisation and forum for debating, which claims the subsidies that have come to the various regions of Europe through the CAP have been counterproductive. However, it recognises the immense progress Ireland has made in the Union and puts it down to the freedoms that Europe has brought to the Single Market.
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