Decisive was a shift on Wednesday in Italy's position (which had long threatened to vote against) and new financial concessions that Brussels made to the obstructive European farmers. This led to the failure of French-Polish attempts to block the European decision-making process.
The EU has accelerated the completion of the free trade agreement with the Mercosur countries Brazil, Argentina, Paraguay, and Uruguay. After more than 25 years of negotiations, the agreement is once again on the table in a decisive week. This would make one of the world’s largest free trade agreements a reality, after decades of negotiation and political struggle.
Central on Wednesday at an extraordinary Agricultural meeting was Commission President Ursula von der Leyen’s proposal to give the agricultural sector early access in 2028 to a compensation fund of about 45 billion euros. That money comes from a crisis fund (of over 80 billion) that Von der Leyen wants to include in the new EU multiannual budget (2028 - 2035). The money is thus not new, but is being made available earlier and more purposefully than planned.

