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Yes it is, Kriz, big time. To the tune of about €45bn per year, still approaching half the entire EU budget. The difference now, though, is that most of it is paid directly to farmers, in the form of the so-called single payment. The subsidies you mention are paid for by the EU, but I don't blame anyone for not being aware of it. You could watch Countryfile for ten years and not know this. 


By the way, clivex, the Finns are already in the eurozone.


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