UAE royal family receives over €71 million in EU farming subsidies for European farmland

theguardian.com

UAE's ruling royal family received over €71 million in EU farming subsidies. The Al Nahyan family, through subsidiaries, collected these funds over six years for farmland controlled in Romania, Italy, and Spain. This highlights a portion of EU agricultural policy payments going to foreign investors. The subsidies are part of the EU's Common Agricultural Policy, which constitutes a third of the bloc's budget. Critics argue the system disproportionately benefits large landowners and potentially autocratic regimes.


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UAE royal family receives over €71 million in EU farming subsidies for European farmland | News Minimalist