Review of Annual 2008 EU Budget
The 2008 EU financial report was presented by Budget Commissioner Algirdas Šemeta early last week, on 22 September. According to the Commission’s press release, the budget has succeeded in providing continued and stable funding as well as avoiding placing additional financial burdens on Member States, in a year characterised by significant economic turbulence.
Agriculture Budget Breakdown
Spending on agriculture was comparable to that of 2007, although farm payments under Pillar 1 of the CAP continued to follow its slight downward trend accounting for 37 per cent of the budget, with a total of €43.3bn allocated to direct payments and market interventions - marginally lower than 2007. Rural development, environment and fisheries also suffered a decrease in expenditure from 10.5 to 10 per cent of the overall EU budget, totalling €11.5bn.
In relation to the recipients of the agricultural budget in 2008, France continues to be the biggest beneficiary, receiving €10bn in support. Spain is second in line receiving €7.1bn, followed by Germany with €6.6bn. The UK received €3.8bn of agricultural funds and €2.1bn under the structural funds as well as its €6.3bn rebate.
Overall 2008 saw over half of all Member States failed to take full advantage of the full amount of money available under the EU’s structural and cohesion funds from the previous 2000-2006 programming period, with an average implementation rate of 90 per cent Spending rates for the new programming period spanning 2007-2013 will be available at the end of 2009.
02 Oct 2009
The Institute for European Environmental Policy coordinates CAP2020. It is an independent not for profit institute which undertakes research in a number of policy areas including agriculture and rural development.
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- French Conference on High Nature Value Farming
- Franco-German Working Group on Future of the CAP
- Swedish Presidency Starts to Take Shape
- MEPs Discuss a Greener CAP
- European Parliament Amends Lyon Report
- Franco-German Position on Future of the CAP Released
- France and Germany Unite Forces in the CAP Reform Discussions
- CAP Reform Towards 2020: Franco-Spanish Talks
- IEEP CAP Health Check Review: Dairy
- Mixed Response to CAP Health Check in Germany
- BirdLife Report Finds Link Between Subsidies and Poor Environmental Performance
- Spanish Presidency Sets Out its Agricultural Priorities
- Extensive graziers in Spain: the latest victims of farmland reclassification
- LFA Review - Proposals Becoming Clearer?
- Commissioner Fischer-Boel to Speak at the Launch of the Land Use Policy Group's Vision for the Future of the CAP
- Report Outlines CAP Reform Options for More Sustainable Livestock Production
- UK House of Lords Report Criticises CAP Expenditure
- UK Report on Food Security
- Food Security on the UK Agenda
- IEEP Report on the New EP Committees
- UK Government Analysis of 2007/08 Agricultural Price Spikes Leads to Call for Further Trade Liberalisation
- New Study on Farm Viability Published
- Achieving a transition away from CAP direct payments
- UK Climate Committee Report Notes Importance of Agriculture in Emissions Reductions
- Scoping the Development of the Environmentally Sustainable Production Agenda
- Agriculture Council Recognises Dairy Recommendations
- World Bank Paper Blames Commodity Price Boom on Energy Prices
- Farming in the Uplands
- UK House of Lords Inquiry into Innovation in EU Agriculture
- The Debate at UK Level on Innovation in EU Agriculture Continues
- The UK Climate Change Risk Assessment