Czech farmers’ revenues up 108% in 2004

21/12/2004

Farmers across the European Union have seen their revenues rise this year. Czech farmers have benefited the most from the EU membership, as their revenues increased by 108%, according to Eurostat, Statistical Office of the European Commission.

 

The European Commission has published a statement which points to farmers in the Czech Republic and Poland as the biggest beneficiaries of the latest EU enlargement. Farm revenues in the entire EU rose by 3.3% in 2004 with the new member states noting a 54% rise and the old club members an increase of 0.8%.

Subsidies to Czech farmers are expected to grow to Kc28.6bn (€0.9bn) in 2005 from this year's Kc22bn (€0.7bn), according to Jaroslav Palas, the Czech Agriculture Minister. The amount could be higher, depending on the government’s management of direct payments to farmers from EU funds. These can be topped up by individual governments to reach 60% of subsidies allocated to the old 15 EU member states.