EU farmers will have at their disposal €293.7 billion reserved in the next multiannual financial framework 2028–2034, European Commission President Ursula von der Leyen assured on Tuesday. In a letter sent to Cypriot Prime Minister Nikos Christodoulides, who holds the six-month presidency of the EU Council, and ...
Ahead of signing a Mercosur deal, von der Leyen offers €293.7 billion to EU farmers
Tuesday, 6 January 2026RSS
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Context & Explainers
Mercosur is the South American trade bloc (Southern Common Market) whose main founding members are Argentina, Brazil, Paraguay and Uruguay. An EU–Mercosur trade agreement — which the story says may be approved and signed soon — would reduce tariffs and open markets on both sides, affecting agricultural and industrial trade flows and therefore prices and business opportunities relevant to residents and companies in Portugal.
