€13.35m back to Ireland as reserve fund money swap from EU to farmers continues for seventh year

Since the establishment of the crisis reserve in 2014, it never been used, and the money set aside each year was returned to farmers.

How "financial discipline"  works: for the past seven years, the EU had deducted 1.4% from direct payments to farmers and gave it back to them the year after.

For the seventh year, the reserve fund generated by 1.4% deduction from farmers’ CAP direct payments has been returned to them unspent.