11th financial report on the European Agricultural Guarantee Fund – 2017 financial year

Summary:

Each year the Commission draws up a financial report on the administration of the EAGF during the previous budget year, and submits it to the European Parliament and the Council. This report covers the 2017 financial year. It is accompanied by detailed Commission Staff Working Document.

Further information:

For over 50 years, the Common Agricultural Policy (CAP) has been the European Union's most important common policy. It has taken a large part of the EU's budget, with a declining percentage over recent years.

The CAP is financed by two funds which form part of the EU's general budget, the European Agricultural Guarantee Fund (EAGF) and the European Agricultural Fund for Rural Development (EAFRD).

The EAGF primarily finances direct payments to farmers and measures regulating or supporting agricultural markets.

• Primary Source

EUR-Lex: SWD(2018)405: Commission Staff Working Document accompanying the report https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2018:405:FIN

European Commission: DG Agriculture and Rural Development: Financing the CAP: Financial reports: EAGF https://ec.europa.eu/agriculture/cap-funding/financial-reports/eagf_en

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