Business & Economics
EU Offers €45 Billion in Early CAP Funds to Sway Italy Ahead of Mercosur Vote
Between 6–7 January 2026, Ursula von der Leyen pledged to unlock €45 billion of the 2028-34 farm budget to placate EU agriculture ministers and secure Italy’s decisive vote at the 9 January qualified-majority ballot on the 25-year-old EU-Mercosur trade pact.
Focusing Facts
- The Commission plan front-loads two-thirds of the CAP mid-term reserve—€45 billion—and complements it with a €6.3 billion market-crisis fund for farmers.
- With France, Poland and Hungary opposed, Italy’s 60 million-strong population makes it the swing state whose stance will determine whether the deal attains the 65 % population threshold required under EU qualified-majority voting.
- Von der Leyen has scheduled a 12 January signing trip to Paraguay if ambassadors approve the agreement, which would remove duties on 90 % of EU exports and create a 700 million-person free-trade area.
You've read the facts. The perspectives are behind this line.
Perspectives in this article
- Pro-deal, EU-commission-aligned outlets
- Irish farmer-oriented national media and officials
- Brussels policy-insider publications