Clare farmers are to be guaranteed a minimum payment under a reform of the Common Agricultural Policy agreed in Luxembourg.
Agriculture Minister Simon Coveney told reporters this morning a compromise has been reached.
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It means that more than 100 million of the 1.2 billion paid to Irish farmers will be redistributed.
Minister Coveney says there are safeguards in the deal to prevent larger farmers losing too much with agreement that currents payments cannot be cut by more than 28 per cent.
He says more people will gain than lose.
