Common Agricultural Policy and Agriculture Financing in Romania

Common Agricultural Policy (CAP) originated in the year of 1962and represents an instrument with the help of which the European Union directly sustains the farmers in the Member States by ensuring a decent living, at the same time ensuring the development of rural...

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Bibliographic Details
Main Authors: Attila TAMAŞ SZORA, Daniel Petru VÂRTEIU, Alina Nicoleta SOLOVĂSTRU
Format: Article
Language:English
Published: Universitaria Publishing House 2019-11-01
Series:Finanţe: Provocările viitorului
Subjects:
Online Access:http://www.financejournal.ro/fisiere/revista/59391779804.%20Tamas_Virteiu_Solovastru%20EN.pdf
Description
Summary:Common Agricultural Policy (CAP) originated in the year of 1962and represents an instrument with the help of which the European Union directly sustains the farmers in the Member States by ensuring a decent living, at the same time ensuring the development of rural environment. CAPis structured in three domains which aim to directly helping the farmers, market proceedings and rural development, and the main financing instruments are the European Agriculture Guarantee Fund and the European Agricultural Fund for Rural Development. Nationally, the European funds which finance Romanian agriculture and rural environment are made available for potential beneficiaries through the Agency for Payments and Intervention for Agriculture and through the Agency for Financing Rural Investments, both agencies being under the Ministry of Agriculture and Rural Development.
ISSN:1583-3712
1583-3712