Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-01-18-Speech-2-344-000"

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"en.20110118.14.2-344-000"2
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"I congratulate Mrs Sârbu. In order to ensure a secure supply of affordable food, the EU must provide itself with a strong common agricultural policy (CAP) that discourages speculation on food commodities and helps young people to enter the farming sector. In fact, the future CAP absolutely must do more for young farmers. Only 7% of farmers in the EU are under 35 years of age, while the EU will need 4.5 million farmers in the next 10 years. I therefore call for the existing measures for attracting young people to farming, such as installation premiums and subsidised interest rates on loans, to be strengthened. Furthermore, to ensure that the existing financial instruments help farmers weather the crisis, rather than help speculators cause extreme price volatility, I call for a review of the European legislation on financial products in order to make the negotiations more transparent. I also urge the European Commission to take strong and permanent steps without delay in order to impose clear restrictions on speculation and tackle the instability of food commodity markets."@en1

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