The European Commission this week formally adopted its proposal to chop the rate of arable set-aside rate for nearest year's harvest by half--from the standard rate of 10% to just 5% According to the Commission.

The European Commission this week formally adopted its proposal to chop the rate of arable set-aside rate for nearest year's harvest by half--from the standard rate of 10% to just 5%

According to the Commission, the measure is justified by means of very low cereal production this year, owed to the severe drought in main EU