Food-processing subsidies: “no proof of added value” say EU Auditors

Under the Common Agricultural Policy, EU rural development policy grants are made available to enterprises that process and market agricultural products through a measure called ‘Adding value to agricultural and forestry products’ that aims to improve the competitiveness of agriculture and forestry.
The EU budget has earmarked € 5.6 billion in aid for 2007-2013.
This financing is complemented by national spending, which brings the total public funding to € 9.0 billion.