EU agricultural policy continues to be a front against free trade and global integration. Perhaps it was a mistake for the EU to adapt protectionist policies for its agricultural sector, but it is surely making them pay dearly now. It remains to be seen whether the agriculture ministers yield to the pressure, or go through with their pretty "modernization" rhetoric.
What shows the inefficiency of the EU CAP more than anything is the source of the crisis - the price drop due to overproduction. One would think that exporting the excess would be a viable solution, except that the products will get an even lower price on the global market, if it is able to compete at all. Perhaps the Council of Ministers should go back to Econ 102 to study comparative advantage.
In response to article: http://news.bbc.co.uk/2/hi/business/8289976.stm
PS: I would NOT want to be one of the policemen holding off the crowd.
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