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by pas 219 days ago
if food security is important then the EU should pay for cost-effectiveness, economic sustainability, ecological resilience, storage capacity, and so on.

AFAIK right now it pays the same for a huge unproductive monoculture of non-edible corn (ie. for bioethanol) as it pays for wheat. (though there's finally talk about some changes to CAP, mostly to stop paying already rich big farms.)

food prices are pretty volatile anyway, and as you see even a war only moved them 15% whereas in Hungary inflation was more than 20%.

1 comments

Hungary is facing a stagnant economy, with poorly targetted subsidies and overall high corruption. Inflation was already high since 2019 compared to other OECD countries with similar GDP per capita (checked Estonia, Poland, Portugal and Slovakia). They have also continued to engage with Russia economically despite sanctions (even outside the energy sector) leading to sometimes having exemptions or attempting to use that as leverage against EU policies. All of this has further destabilized their economy, given neighbours will hesitate in trade.

Hungary is the worst example you could pick from the EU.