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European Agricultural Guarantee Fund
The European Agricultural Guarantee Fund (EAGF) consumes a large part of the general budget of the European Union. It finances direct payments to farmers under the Common Agricultural Policy (CAP), as well as measures to regulate the common markets such as intervention and export refunds under both the CAP and the Common Fisheries Policy (CFP). The EAGF and the European Agricultural Fund for Rural Development (EAFRD), which finances the rural development programmes of the Member States, were set up on 1 January 2007 following Council Regulation (EC) No 1290/2005 of 21 June 2005 on the financing of the CAP. They both (along with the earlier established Financial Instrument for Fisheries Guidance) replaced the European Agricultural Guidance and Guarantee Fund (EAGGF), which had been set up by Regulation No 25 of 1962 on the financing of the CAP (as amended by Regulation (EEC) No 728/70. The fund is administered by the European Commission and the Member States, the Fund Committee con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Common Agricultural Policy
The Common Agricultural Policy (CAP) is the agricultural policy of the European Union. It implements a system of agricultural subsidies and other programmes. It was introduced in 1962 and has since then undergone several changes to reduce the EEC budget cost (from 73% in 1985 to 37% in 2017) and consider rural development in its aims. It has, however, been criticised on the grounds of its cost and its environmental and humanitarian effects. Overview The CAP is often explained as the result of a political compromise between France and Germany: German industry would have access to the French market; in exchange, Germany would help pay for France's farmers. The CAP has always been a difficult area of EU policy to reform; it is a problem that began in the 1960s and one that has continued to the present, albeit less severely. Changes to the CAP are proposed by the European Commission, after a public consultation, which then sends its proposals to the Council and to the European Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Common Fisheries Policy
The Common Fisheries Policy (CFP) is the fishery, fisheries policy of the European Union (EU). It sets quotas for which Member state of the European Union, member states are allowed to catch each type of fish, as well as encouraging the fishing industry by various market interventions. In 2004 it had a budget of €931 million, approximately 0.75% of the Budget of the European Union, EU budget. When it came into force in 2009, the Treaty of Lisbon formally enshrined fisheries conservation policy as one of the handful of "exclusive competences" reserved for the European Union, to be decided by Qualified Majority Voting. However, general fisheries policy remains a "shared competence" of the Union and its member states. Decisions are now made by the Council of the European Union, and the European Parliament acting together under the co-decision procedure. The Common Fisheries Policy was created to manage fish stock for the European Union as a whole. Article 38 of the 1957 Tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Agricultural Fund For Rural Development
The European Agricultural Fund for Rural Development (EAFRD) is one of the European Structural and Investment Funds which was set up for the financing of Rural Development Programme (RDP) actions by European Union Council Regulation (EC) No 1290/2005 of 21 June 2005 on the financing of the Common Agricultural Policy (CAP). Reasoning Rural development Rural development is the process of improving the quality life and economic well-being of people living in rural areas, often relatively isolated and sparsely populated areas. Rural development has traditionally centered on the exploitation of ... is a vitally important policy area, affecting over 50% of the population of the EU and almost 90% of EU land. Farming and forestry remain central to rural economies, and rural development also focuses on revitalising rural areas in other ways. Furthermore, issues such as climate change, renewable energy, biodiversity and water management are becoming increasingly important aspects of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Instrument For Fisheries Guidance
The European Maritime, Fisheries and Aquaculture Fund (EMFAF), one of the five European Structural and Investment Funds, is the financial instrument financing the structural policy pillar of the Common Fisheries Policy of the European Union. It was previously known as the Financial Instrument for Fisheries Guidance (FIFG), the European Fisheries Fund (EFF) and the European Maritime and Fisheries Fund (EMFF). The total budget for 2021-2027 is €6.108 billion. Overview and history In 1977, an aid programme to improve the fish processing industries was introduced by the EU as a part of the European Agricultural Guidance and Guarantee Fund (EAGGF). In 1993, it was split off to form a separate fund named the Financial Instrument for Fisheries Guidance (FIFG), subsequently renamed European Fisheries Fund in 2007, transformed into the European Maritime and Fisheries Fund (EMFF) in 2014, and ultimately into the European Maritime, Fisheries and Aquaculture Fund (EMFAF) in 2021. It is in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Agricultural Guidance And Guarantee Fund
The European Agricultural Guarantee Fund (EAGF) consumes a large part of the general budget of the European Union. It finances direct payments to farmers under the Common Agricultural Policy (CAP), as well as measures to regulate the common markets such as intervention and export refunds under both the CAP and the Common Fisheries Policy (CFP). The EAGF and the European Agricultural Fund for Rural Development (EAFRD), which finances the rural development programmes of the Member States, were set up on 1 January 2007 following Council Regulation (EC) No 1290/2005 of 21 June 2005 on the financing of the CAP. They both (along with the earlier established Financial Instrument for Fisheries Guidance) replaced the European Agricultural Guidance and Guarantee Fund (EAGGF), which had been set up by Regulation No 25 of 1962 on the financing of the CAP (as amended by Regulation (EEC) No 728/70. The fund is administered by the European Commission and the Member States, the Fund Committee cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Member States
A member state is a state that is a member of an international organization or of a federation or confederation. Since the World Trade Organization (WTO) and the International Monetary Fund (IMF) include some members that are not sovereign states, neither organization ever speaks of "member states". The WTO has simply "members" (see WTO members), and the IMF refers to its members as "member countries". The oldest global member state based organization is the International Telecommunication Union, which joined the United Nations System as a Specialized Agency of the T1088 after the creation of the UN. Worldwide * Member states of the United Nations , 193 *Member states of the International Telecommunication Union , 193 * Member states of UNESCO , 195 * Interpol#Members , 190 * Member states of the World Intellectual Property Organization , 184 * Member states of the World Sports Alliance , 24 * Member states of the League of Nations * Member states of the Veni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Structural And Investment Funds
The European Structural and Investment Funds (ESI Funds, ESIFs) are financial tools governed by a common rulebook, set up to implement the regional policy of the European Union, as well as the structural policy pillars of the Common Agricultural Policy and the Common Fisheries Policy. They aim to reduce regional disparities in income, wealth and opportunities. Europe's poorer regions receive most of the support, but all European regions are eligible for funding under the policy's various funds and programmes. The current framework is set for a period of seven years, from 2021 to 2027. Overview Five ESIFs currently exist, they are: *under the Cohesion Policy: **the European Regional Development Fund (ERDF) **the Cohesion Fund (CF) **the European Social Fund Plus (ESF+) *under the Common Agricultural Policy (CAP): **the European Agricultural Fund for Rural Development (EAFRD) *under the Common Fisheries Policy (CFP): **the European Maritime, Fisheries and Aquaculture Fund (EMF ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Agricultural Guarantee Fund
The Spanish Agricultural Guarantee Fund (, FEGA) is an autonomous agency of the Government of Spain, attached to the Ministry of Agriculture, Fisheries and Food, whose main mission is to ensure that the funds from the European Agricultural Guarantee Fund (EAGF) and the European Agricultural Fund for Rural Development (EAFRD) of the Common Agricultural Policy (CAP) assigned to Spain are strictly applied to achieve the objectives of this policy. It also ensures that the funds reach the beneficiaries who meet the requirements established for their granting, promotes the homogeneous application of CAP aid throughout the national territory, avoiding fraud and minimizing the risks of financial corrections. derived from incorrect management of said funds. Likewise, with regard to the Fund for European Aid to the Most Deprived (FEAD) and the European Maritime and Fisheries Fund (EMFF), it is responsible for their correct application and management in the case of the FEAD, and in the case ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The European Union
The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the third largest economy in the world in nominal terms, after the United States and China, and the third one in purchasing power parity (PPP) terms, after China and the United States. The European Union's GDP estimated to be around $16.6 trillion (nominal) in 2022 representing around one sixth of the global economy. The euro is the second largest reserve currency and the second most traded currency in the world after the United States dollar. The euro is used by 19 of its members, overall, it is the official currency in 25 countries, in the eurozone and in six other European countries, officially or de facto. The European Union economy consists of an internal market of mixed economies based on free market and advanced social models. For instance, it includes an internal single market with free movement of goods, services, capital, and labor. The GDP per capita ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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