No to proposal to cut EU farm spending

Farmers have rejected a significant cut in EU farm spending proposed by the Cyprus Presidency in a bid to break a budget negotiation logjam.

EU heads of states will be under pressure to make significant progress on agreeing the overall EU budget for 2014-2020, when they meet on November 22-23.

Now, for the first stage in the negotiations, Cyprus has introduced figures, in a plan for cuts across all headings of the budget, amounting to total savings of at least €50 billion.