Universidad Carlos III de Madrid - UC3M
CAP Reform – an explanation of the main elements
Commission. Brussels, 26 June 2013 MEMO 13621
Jueves 27 de junio de 2013, por Carlos San Juan
The Commission, the Council and the European Parliament (EP) have today reached a political agreement on the reform of the Common Agriculture Policy – subject to formal approval by the Council and the EP as a 1st reading Agreement once the texts have been formalised in all languages. Based on the Commission proposals from October 2011 (see IP/11/1181 and MEMO/11/685), the agreement relates to four basic European Parliament and Council regulations for the Common Agriculture Policy – i) on Direct Payments, ii) the Single Common Market Organisation (CMO), iii) Rural Development and, iv) a Horizontal Regulation for financing, managing and monitoring the CAP. A number of issues will be dealt with separately within the negotiations on the Multi-Annual Financial Framework (MFF) for 2014-2020 – notably on the transfer of funds between Direct Payments (1st pillar) and Rural Development (2nd Pillar), the allocation of national envelopes for Direct Payments and Rural development, and rates of co-financing, and the question of capping & degressivity.