established in 1962 in preparation for the Common Agricultural Policy (CAP), of which it is a central and controversial element
Fund financing the common agricultural policy, providing market support and promoting structural adjustments in agriculture
Good to know
Divided into two sections: Guarantee Section financing price support measures and export refunds to guarantee farmers stable prices and Guidance Section granting subsidies for rationalization schemes, modernization and structural improvements in farming.
Lisaks käesoleva paragrahvi lõikes 1 nimetatud eesmärkidele on riikliku ja haldusjärelevalve teostamise eesmärk kontrollida Euroopa Põllumajanduse Arendus- ja Tagatisfondi tagatisrahastu, Euroopa Põllumajanduse Tagatisfondi (EAGF) ja Maaelu Arengu Euroopa Põllumajandusfondi (EAFRD) rahastamissüsteemiga otse või kaudselt seotud toetusraha saavaid ja andvaid isikuid ning asutusi.
The Community shall also support the achievement of these objectives by the action it takes through the Structural Funds (European Agricultural Guidance and Guarantee Fund, Guidance Section; European Social Fund; European Regional Development Fund), the European Investment Bank and the other existing financial instruments.
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Replaced, since 1 January 2007, by the European Agricultural Fund for Rural Development and European Agricultural Guarantee Fund.
