Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-06-05-Speech-4-132"
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"en.20030605.3.4-132"2
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The Commission's proposal follows on from the 1992 revision and abides by the philosophy of reducing intervention prices by 5.9% and partly compensating for these reductions with direct per-hectare aid. This proposal serves the interests of the wheat trading and processing industries by ensuring they have cheap raw materials. At the same time, wheat producers' incomes are being reduced, because there is 50% rather than full compensation, prices and compensation remain constant and are not adjusted on the basis of average Community inflation and, finally, with the proposal to abolish monthly increases in the intervention price, the average intervention price is being reduced.
The amendments proposed by the rapporteur of the European Parliament move in a more positive direction than the Commission's proposals, with the exception of the reference to durum wheat which is, however, regulated under another regulation. In essence, however, they move in the same direction as the Commission's proposal and only differ on quantitative elements, without contesting or proposing measures which reverse the Commission's basic philosophy, and this, despite the correct findings, ultimately renders the report ineffective, the gilding on a policy which favours the interests of the multinationals at the expense of small and medium-sized farmers."@en1
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