Common Agricultural Policy and Agriculture Financing in Romania

Attila TAMAÅž Szora, Daniel Petru Vã‚rteiu and Alina Nicoleta
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Attila TAMAÅž Szora: University “1st of December 1918â€
Daniel Petru Vã‚rteiu: University “1st of December 1918â€
Alina Nicoleta: University “Dimitrie Cantemir†Târgu – Mureș

Finante - provocarile viitorului (Finance - Challenges of the Future), 2019, vol. 1, issue 21, 36-45

Abstract: Common Agricultural Policy (CAP) originated in the year of 1962 and 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. CAP is 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.

Keywords: agriculture; common agricultural policy; agriculture financing; European funds. (search for similar items in EconPapers)
JEL-codes: Q14 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2019:i:21:p:36-45

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