ICOS says EU payments to Irish farmers will fall €30m in 2021

Co-ops disappointed by EU recovery deal

Charles Michel,  President of the European Council and Ursula von der Leyen, President of the European Commission: EU recovery negotiations which they led will result in lower annual payments to farmers. Picture: European Union

The EU recovery deal brought a disappointing cut of over 11% compared to current CAP funding levels, according to ICOS European Affairs Executive Alison Graham.

As a result, direct payments in Ireland are expected to reduce from 2021, by €30 million per year, to €1.18 billion.