A recent investigation has revealed that European Union farming subsidies have benefited companies owned by over a dozen billionaires between 2018 and 2021, totaling €3.3 billion. This comes as thousands of small farms have closed due to opaque data from EU member states. Critics argue that the Common Agricultural Policy (CAP) prioritizes large-scale agriculture over sustainable and organic farming methods.

Source: https://www.theguardian.com/environment/2024/nov/03/revealed-billionaires-ultimate-beneficiaries-linked-to-eu-farming-subsidies

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