engleski

The Role of EU Funds in the Context of Agricultural Policy – Additional Resources in Response to the COVID-19 Pandemic

During this uncertain time, while the whole globe faces the pandemic of COVID-19, humanity has become aware of the importance of agriculture in general, as well as of food self-sufficiency. Regardless of huge development in all industry sectors, agriculture is still affected by several adversities and faces the requirements regarding the sustainable eco-system, climate changes, biodiversity, production innovations. Assuming the lack of financial resources is one of the major problems agriculturists face, as well as one that could impact the resolving of other problems, finding a proper source of funding could be crucial for agriculturists, whether individuals (families) or cooperatives. The EU funds have a great role in that context, assuring the vital resources through the common agricultural policy. Standing on the transition from one financial perspective (2014-2020) to another (2021-2027), a fresh capital seeks proposals that are in line with the set objectives. This paper aims to present the success of chosen countries in withdrawing the EU funds from 2014 to 2020 and the analysis among those countries with special emphasis on the EAGF and EAFRD. It also gives some possible areas in agriculture which should be given due attention since they are acceptable for funding. The manuscript deals with available funds intended for agriculture and covers the main objectives of the EU common agricultural policy. To present the former allocations, but also with an emphasis on the new ones, a comparative analysis has been conducted on a sample of 10 selected central and south-east European countries. To get an insight on the allocations from the most significant funds aimed at agriculture, the analysis has been conducted for 6 years from the last financial perspective, as well as for the new 2021-2027 financial perspective. The analysis has been conducted using both absolute and relative values. Research results show that developing countries benefit a lot from the EU cohesion policy and there is a room for further improvements in national agricultural policies.

Multiannual Financial Framework 2021-2027 ; Next Generation EU ; COVID-19 Recovery Package ; EAGF ; EAFRD ; Common Agricultural Policy

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