Adjustment of EU support for rural development in 2021

Summary

The European Parliament decides not to object to a new regulation that adjusts the funding amounts available for rural development across the EU for the year 2021. This ensures that member states can begin implementing their rural development programs without delay.
9 10.02.2021
Other
finance
european union
public administration
agriculture, forestry and fisheries

Key points

  • The European Parliament has decided not to object to the adjustment of EU support for rural development for the year 2021.
  • The adjustment is made to update the existing framework for rural development support.
  • The funding amounts are being updated to reflect specific notifications from Member States regarding payment reductions and the use of fund flexibility.
  • The need for this adjustment arose because the previous transitional regulation only entered into force at the very end of 2020.
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