Italy Secures Minimum Allocation of Pound 31 Billion from New Common Agricultural Policy

Brussels: Italy will receive at least pound 31 billion from the new Common Agricultural Policy (CAP) for the 2028-2034 period, as announced by the European Commission. This allocation forms part of the pound 302 billion total earmarked for agriculture under the EU budget, representing approximately 10% of the total funds.

According to Ansa News Agency, the European Commission has clarified that this figure is a “minimum allocation,” with each country having the option to voluntarily channel additional resources into the sector from other budget areas. Italy maintains its position as the fourth-largest beneficiary under the CAP, following France, Spain, and Germany, with allocations of pound 50.9 billion, pound 37.2 billion, and pound 33.1 billion, respectively.

Italy’s share remains consistent with its allocation in the 2021-2027 budget. Poland ranks fifth among the beneficiaries, receiving pound 24.6 billion. The European Commission, under the leadership of Ursula von der Leyen, distributed resources based on the weight each country held in the CAP in 2027, the final year of the current programming period.

The new multiannual budget sees Brussels allocating just over pound 300 billion to agriculture, a reduction of about 20% from the pound 386 billion designated for 2021-2027. Specifically, pound 296 billion is set aside for supporting farm incomes, with pound 6.3 billion allocated for crisis and contingency management.

The CAP will be integrated into a single framework of national and regional partnership plans, expected to mobilize a total of pound 865 billion. Member states will have access to pound 453 billion to supplement the minimum resources allocated to the CAP, through either additional income support measures or initiatives not directly linked to payments to farmers.

Final allocation figures will be determined following the submission of national plans to Brussels, with the European Commission providing recommendations to guide implementation. The budget proposal, introduced by the Commission in mid-July, will be subject to negotiation by the European Parliament and the EU Council. However, the views expressed in the proposal are those of the author(s) and do not necessarily reflect those of the European Union, which cannot be held responsible.