France told to pay back 1.1 billion in EU farm subsidies

The European Commission is withholding €1.1 billion of CAP repayments from France over the misspending of agricultural subsidies between 2008 and 2012. EurActiv France reports. 

France will not be reimbursed for a portion of the European subsidies it distributed to farmers between 2008 and 2012.

The European Commission has warned that a clearance of EU accounts will leave the French government €1.1 billion out of pocket.

The sum has already been distributed to French farmers in the form of subsidies under the Common Agricultural Policy (CAP), but the European executive has deemed the payments irregular and refused to cover all the costs.

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