Single farm pay cuts of 8% for everyone, before convergence

By 2015, EU budget cuts, and deductions for a farmer payment national reserve, a young farmers payment, and a crisis reserve, will probably leave farmers with only 92% of their 2012 single farm payment — even before convergence towards the national average is applied.
Single farm pay cuts of 8% for everyone,  before convergence

In years where the crisis reserve is not required, it will be paid back to farmers at the end of the year,

But payments before convergence may also be reduced, if Ireland adopts some of the voluntary features of CAP reform.

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