Hungarian farmers disgruntled over subsidy delays
Hungarian farmers have staged protests in
Agriculture Minister Imre Nemeth has, however, admitted that the ministry should work faster in processing applications and expressed his dissatisfaction with the agency in charge of disbursing the funds. The EU pays 70% of the land aid while the Hungarian government is responsible for the rest. The government has until April to pay out the land subsidies.
Land subsidies, worth Ft230 billion ($1.23 billion) so far, have reportedly been granted to 160,000 of the registered 208,000 agricultural workers in
Another sticking point between farmers and government is the intervention price, the price at which the European Commission guarantees to buy products from farmers. Farmers say they have nowhere to store their grains until May when the purchase is made and have to sell at lower prices.
The protests coincided with the signing of a cooperation agreement between the ministry of agriculture and rural development and four leading agricultural associations in