Modernizing EU Agricultural Financial Rules

Summary

This regulation updates EU agricultural rules to simplify administration and strengthen the position of farmers through better risk management and clearer legal rights for producer organisations.
10 29.12.2017
Other
economy
social policy
administrative reform
public administration
business and competition
agriculture, forestry and fisheries

Key points

  • The regulation aims to simplify administrative processes for various agricultural sectors across the EU.
  • New rules for young farmers clarify the 'date of setting up' and allow support to be provided via financial instruments.
  • Enhanced risk management tools are introduced, including sector-specific income stabilisation to help farmers facing severe income drops.
  • Producer organisations are granted clearer legal rights to engage in production planning and contract negotiation under competition law.
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