1. The Negative Effects of the CAP on the EU
... which limited the percentage of CAP expenditures in the overall budget. In 1991-1992, the future of the CAP was addressed through what has been called "the MacSharry Reforms-. The key aspects of the reforms included the reduction of agricultural prices to make the products more competitive, the compensation of farmers that incurred a loss in income, and environmental protection. "The ... multi-functional, sustainable, and competitive agriculture in the EU. Furthermore, its long-term objectives will not only have an effect on the applicant countries but are also intended to benefit future...
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