Farmland grabbing spreads in Europe

17 June 2015
In the media

Deutsche Welle - Europe was thought to be spared global investors' growing appetite for farmland. But a new study shows that they've long since sunk their teeth into the EU. In some areas, foreign investors own over a third of farmland.

"The European Parliament on Wednesday presented a study indicating that farmland grabbing had been on the rise in Europe, with the focus of foreign investors clearly being on eastern European nations.

The study compiled by the Amsterdam-based anti-globalization Transnational Institute counters the widespread belief that the grabbing of farmland has only been going on in Africa and parts of Asia.

It says land grabbing in the EU as measured by the degree of foreign ownership involves a heterogeneous group of actors, including banks, investment funds and private equity companies."

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