Politics · Other · 6 hrs ago

Agrofert has received at least €200 million in EU farm aid since 2017

Agrofert has received at least €200 million in EU farm aid since 2017

Andrej Babiš is the prime minister of the Czech Republic and the owner of Agrofert, a large group active in farming, food and other industries.

Agrofert has received at least €200 million in EU agricultural subsidies since 2017, though the full amount linked to Babiš’s businesses is not known.

Czech and EU law bar companies owned by government members from receiving subsidies, according to the account.

The European Commission found a conflict of interest between Babiš’s political role and his business interests in 2021.

Babiš later said he would put his Agrofert shares in a trust, but the commission said the arrangement did not resolve the conflict because his children would benefit.

Czech authorities have released Agrofert’s subsidies, while the government has rejected the EU’s conflict-of-interest concerns.

Babiš and his agriculture minister oppose changes to EU farm policy, and the commission’s latest position leaves the dispute unresolved.

Sources

Related news