Business Daily cover image

Business Daily

EU farm subsidies: who's benefiting?

Feb 17, 2020
Investigative reporter Matt Apuzzo discusses the vulnerability of the European farm subsidy system to corruption, highlighting a 'new kind of feudalism' in Eastern Europe. Topics include abuse of EU farm funds in Sicily and Hungary, corruption in subsidy allocation, challenges in subsidy allocation, and the need for transparency in revealing subsidy beneficiaries.
17:28

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • EU farm subsidies in Eastern Europe fuel corruption and new feudalism
  • Reforming EU agricultural policy aims to curb fraud and benefit small farms

Deep dives

The Sicilian Mafia's Land Seizure and EU Farm Subsidies

In Sicily, the Mafia used violent tactics to seize land from farmers to claim EU farm subsidies, leading to arrests and ongoing battles against corruption. A New York Times investigation revealed similar abuses in Hungary, where politically connected individuals exploited EU farm funds intended for small farmers, creating an unequal power dynamic.

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner