IMPACT OF INSTITUTIONAL SUPPORT FOR FINANCING SMALL AND MEDIUM-SIZED FARMS UNDER THE NEW CAP 2023-2027

Yordan Kostadinov Georgiev
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Yordan Kostadinov Georgiev: University of Economics - Varna, Bulgaria

AGRIBUSINESS AND RURAL AREAS - ECONOMY, INNOVATION AND GROWTH, 2025, issue 1, 387-410

Abstract: The new Common Agricultural Policy (CAP) of the European Union for the period 2023-2027 introduces significant changes to the structure and priorities of agricultural funding. In this context, Bulgaria‘s Strategic Plan for Rural Development (SPRD) places emphasis on promoting the sustainable development of small and medium-sized enterprises (SMEs) through enhanced institutional support and targeted financing. he main objective of this study is to examine the role of institutions including the Ministry of Agriculture and the State Fund for Agriculture for the necessary support, through the new interventions in the SPRDSP creating conditions for improving access to financing.

Keywords: СAP; SPRD; SME (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:araeig:y:2025:i:1:p:387-410

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