Last modified: 2020-02-27
Abstract
The Common Agricultural Policy of the European Union (EU CAP) is based on three fundamental principles: free trade within the Community on the basis of common prices, preferences for European production on the Community markets, and common financial responsibility. It is primarily aimed at ensuring an acceptable standard of living for farmers, providing quality food for consumers at reasonable prices, safeguarding European heritage in rural areas and helping to protect the environment. As an EU Member, Bulgaria is focusing its agricultural policy on maximizing these principles. The purpose of the report is to outline the expected novelties that Bulgarian farmers will face in the new programming period 2021-2027. Highlights of the proposals for the new CAP and the expected effects of these on Bulgarian agriculture are presented.