European Agricultural Guarantee Fund

E150262

The European Agricultural Guarantee Fund is an EU financial instrument that provides direct payments and market-related expenditure to support farmers and stabilize agricultural markets under the Common Agricultural Policy.

All labels observed (2)

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf European Union fund
agricultural fund
financial instrument
abbreviation EAGF
administeredBy Directorate-General for Agriculture and Rural Development
European Commission
aimsTo ensure a fair standard of living for the agricultural community
ensure reasonable prices for consumers
ensure the availability of agricultural supplies
stabilize markets for agricultural products
beneficiary farmers in EU Member States
budgetCategory CAP Pillar I expenditure
country European Union
covers all EU Member States
createdBy Council Regulation (EC) No 1290/2005
currency euro
financedBy European Union budget
funds certain rural development measures related to market support
direct payments under the Common Agricultural Policy
export refunds for agricultural products
intervention measures in agricultural markets
implements first pillar of the Common Agricultural Policy
legalBasis EU regulations on the financing of the Common Agricultural Policy
Treaty on the Functioning of the European Union
monitoredBy European Court of Auditors
oversightBy Council of the European Union
European Parliament
partOf Common Agricultural Policy
policyArea EU agricultural policy
EU budget
purpose contribute to the objectives of the Common Agricultural Policy
finance market-related expenditure in agriculture
provide direct payments to farmers
stabilize agricultural markets in the European Union
support farm incomes in the European Union
relatedTo Common Agricultural Policy
surface form: Common Market Organisation for agricultural products

direct payment schemes such as the Basic Payment Scheme
replaced European Agricultural Guarantee Fund self-linksurface differs
surface form: European Agricultural Guidance and Guarantee Fund (Guarantee Section)
reportingRequirement annual financial reports to EU institutions
sector agriculture
startTime 2007
subjectTo EU financial management rules
shared management between the European Commission and Member States
typeOfSupport income support
market support
worksAlongside European Agricultural Fund for Rural Development

How these facts were elicited

Referenced by (7)

Full triples — surface form annotated when it differs from this entity's canonical label.

Common Agricultural Policy implementation (pre-Brexit) financedBy European Agricultural Guarantee Fund
Common Agricultural Policy mainFund European Agricultural Guarantee Fund
European Agricultural Guarantee Fund replaced European Agricultural Guarantee Fund self-linksurface differs
this entity surface form: European Agricultural Guidance and Guarantee Fund (Guarantee Section)
Single Payment Scheme fundedBy European Agricultural Guarantee Fund
Basic Payment Scheme fundedBy European Agricultural Guarantee Fund
DG AGRI oversees European Agricultural Guarantee Fund