Report on EAGF expenditure: Early Warning System No 7-10/2018

Author (Corporate)
Series Details COM (2018) 779
Publication Date 27/11/2018
Content Type ,

Summary:

On 27 November 2018 the European Commission presented its latest report on European Agricultural Guarantee Fund (EAGF) expenditure.

Further information:

The 2018 EU budget was adopted by the European Parliament on 30 November 2017. The budget included for the European Agricultural Guarantee Fund (EAGF) commitment and payment appropriations amounting to €43,235 million and €43,189 million respectively, for direct payments and market related expenditure.

Taking into account the revenue carried over from 2017 to 2018 (€603.3 million), the total amount of assigned revenue available on 31 August 2018 for the financing of EAGF expenditure was €1,524.6 million, which is €48.7 million higher than originally forecasted. An additional amount is expected to be collected before the end of the budget year.

Source Link Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2018:779:FIN
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