European Agricultural Guidance and Guarantee Fund (EAGGF)

Fonds européen d'orientation et de garantie agricole (FEOGA)
Fondo Europeo de Orientación y de Garantia Agricola (FEOGA)
Europäischer Ausrichtungs- und Garantiefonds für die Landwirtschaft (EAGFL)
Fundo Europeu de Orientação e de Garantia Agricola (FEOGA)
Fondo Europeo di Orientamento e Garanzia Agricola (FEOGA)
Europees Oriëntatie- en Garantiefonds voor de Landbouw (EOGFL)
Europeiska Utvecklings- och Garantifonden för Jordbruket (EUGFJ)
Europaeiske Udviklings- og Garantifond for Landbruget (EUGFL)
Evropaiko Georgiko Tamio Prosanatolismuke Engviseon (EGTPE)
Euroopan Maatalouden Ohjaus- ja Tukirahaston (EMOTR)

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Contact Details

URL: http://ec.europa.eu/agriculture/fin/index_en.htm

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Founded

1962-04-04

History

4 Apr 1962, as a single fund, in accordance with article 40/4 of T-XT5765 - Treaty on the Functioning of the European Union (TFEU) setting up H-XD0665 - European Community, by Regulation 25 adopted by the Council of Ministers of the 6 EEC founder members (Belgium, France, Germany FR, Italy, Luxembourg, Netherlands). Because of the wide variety of types of expenditure for which the Fund is responsible, Regulation No 17/64/EEC, 5 Feb 1964, divided it into 2 sections: the Guarantee Section for Community expenditure arising under the policy on markets and prices, and the Guidance Section for Community expenditure under the policy relating to agricultural structure. Following a transitional period during which expenditure under the Common Agricultural Policy was gradually taken over by the Community budget, the present arrangements were instituted by Council Regulation (EC) No 1258/1999 of 17 May 1999, As a constituent of H-XF0662 - European Communities (EC), and now of F-XF2147 - European Union (EU), comes under the Agriculture Directorate-General of E-XE2442 - European Commission (EC). Works jointly on specific objectives with F-XF5544 - European Social Fund (ESF), F-XF5543 - European Regional Development Fund (ERDF) and, from 2007, H-XM1890 - European Fisheries Fund (EFF), together comprising the H-XF2837 - Structural Funds of the European Community. Ceased to exist, 1 Jan 2007, when replaced by European Agricultural Guarantee Fund (EAGF) and E-XM3083 - Voorburg Group on Service Statistics.

Aims

Channel finance under the EC 'Common Agricultural Policy (CAP)' in order to: increase agricultural productivity through technical progress, rational development of production and optimum utilization of the factors of production; ensure a fair standard of living for the agricultural community; stabilize markets; ensure supplies and reasonable prices to consumers.

Activities

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Structure

E-XE3068 - Council of the European Union delegates powers to the European Commission as responsible for management of both Guarantee and Guidance Section. EAGGF Committee, comprising members appointed by EU member states and chaired by a Commission representative, assists Commission staff in preparing drafts to be adopted for financing decisions, establishing implementation procedure and proper execution of payments made. The Council and the European Parliament acting together are the budgetary authority, being responsible for: establishment and adoption of the EAGGF budget and, accordingly, for creation of available appropriations - President of the European Parliament being responsible for signing final adoption; verifying the proper execution of the budget, in particular through its annual discharge procedure.

Languages

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Finance

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Relations with Inter-Governmental Organizations

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Relations with Non-Governmental Organizations

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Publications

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Members

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Type I Classification

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Type II Classification

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Subjects *

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UN Sustainable Development Goals **

GOAL 2: Zero HungerGOAL 4: Quality EducationGOAL 12: Responsible Consumption and ProductionGOAL 16: Peace and Justice Strong Institutions

UIA Org ID

XF3548

Last News

2006

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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