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EUROPEAN AGRICULTURAL FUND FOR RURAL DEVELOPMENT (EAFRD)

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Definition:
The Common Agricultural Policy (CAP) is financed by two funds: The European Agricultural Fund for Rural Development (EAFRD) and the European Agricultural Guarantee Fund (EAGF). They both form part of the EU's general budget.

The European Agricultural Fund for Rural Development (EAFRD) serves to finance the rural development programmes of the Member States.

Source Publication:
European Commission, Agriculture and Rural Development, website [latest update: 2012].

Cross References:
Common Agricultural Policy (CAP)
European Agricultural Guarantee Fund (EAGF)

Hyperlink:
http://ec.europa.eu/agriculture/cap-funding/index_en.htm

Created on Wednesday, April 03, 2013

Last updated on Wednesday, April 03, 2013