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Date: 8-May-2024 Category: Not Applicable State: Union Government Country: Europe

Commission Implementing Regulation (EU) 2024/1282 of 7 May 2024 amending Implementing Regulation (EU) 2021/128 setting the net balance available for EAGF expenditure

Issued by European Commission · Directorate-General for Agriculture and Rural Development

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Executive Summary & Key Takeaways

What it means

  • Commission Implementing Regulation (EU) 2024/1282 amends Implementing Regulation (EU) 2021/128, adjusting the net balance available for the European Agricultural Guarantee Fund (EAGF) expenditure for the years 2025 to 2027.
  • The adjustment is a consequence of the mid-term review of the Multiannual Financial Framework (MFF) for 2021-2027.

Key Changes

  • The annex to Implementing Regulation (EU) 2021/128 is replaced with a new annex specifying the net balance available for EAGF expenditure for budget years 2021 to 2027.
  • The changes specifically affect the years 2025, 2026 and 2027, with reductions in the net balance available for EAGF expenditure.
  • For 2025, the net balance available for EAGF expenditure is adjusted to EUR 40,528.928 million, reflecting a reduction of EUR 136 million following the MFF mid-term revision.
  • For 2026, the net balance available for EAGF expenditure is adjusted to EUR 40,541.227 million, reflecting a reduction of EUR 149 million following the MFF mid-term revision.
  • For 2027, the net balance available for EAGF expenditure is adjusted to EUR 40,495.795 million, reflecting a reduction of EUR 155 million following the MFF mid-term revision.

Impact Analysis

Impact on Agricultural Sector

  • Member states may need to re-evaluate their national allocations and priorities within the Common Agricultural Policy (CAP).

Impact on European Commission

  • Review and potential revision of existing agricultural programs to align with the updated budget allocations.

Suggested Action Items

  • Close monitoring of the implementation of the CAP and evaluation of its effectiveness in achieving its objectives within the revised budget.

Key Entities Referenced

European Commission: The executive branch of the European Union, responsible for proposing legislation, implementing decisions, and managing the EU budget. European Agricultural Guarantee Fund (EAGF): Provides financial support for market-related expenditure and direct payments to farmers under the Common Agricultural Policy (CAP). European Agricultural Fund for Rural Development (EAFRD): Provides funding for rural development programs under the Common Agricultural Policy (CAP). Regulation (EU) 2021/2116: Regulation of the European Parliament and of the Council on the financing, management and monitoring of the common agricultural policy. Regulation (EU, Euratom) 2020/2093: Council Regulation laying down the multiannual financial framework for the years 2021 to 2027. Regulation (EU, Euratom) 2024/765: Council Regulation amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027. Implementing Regulation (EU) 2021/128: Commission Implementing Regulation setting the net balance available for EAGF expenditure.
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Official Journal EN of the European Union L series 2024/1282 8.5.2024 COMMISSION IMPLEMENTING REGULATION (EU) 2024/1282 of 7 May 2024 amending Implementing Regulation (EU) 2021/128 setting the net balance available for EAGF expenditure THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Regulation (EU) 2021/2116 of the European Parliament and of the Council of 2 December 2021on the financing, management and monitoring of the common agricultural policy and repealing Regulation (EU) No 1306/2013(1), and in particular Article 14(2) thereof, Whereas: (1) Commission Implementing Regulation (EU) 2021/128(2)sets the net balance available for the European Agricultural Guarantee Fund (EAGF) expenditure, as well as the amounts available to the European Agricultural Fund for Rural Development (EAFRD) for the budget years 2021 to 2027. (2) In accordance with Article 14(1) of Regulation (EU) 2021/2116, the annual ceiling for the EAGF expenditure is to be constituted by the maximum amounts for the sub-ceiling for market related expenditure and direct payments set out in Annex I to Council Regulation (EU, Euratom) 2020/2093(3). (3) Following the mid-term review of the Multiannual Financial Framework (MFF) for the years 2021 to 2027 as laid down in Regulation (EU, Euratom) 2020/2093, the sub-ceiling for market related expenditure and direct payments for the years 2025 to 2027 has been modified as set out in Council Regulation (EU, Euratom) 2024/765(4). (4) It is therefore necessary to adjust the net balance available for EAGF expenditure for years 2025 to 2027 as set by Implementing Regulation (EU) 2021/128. (5) Implementing Regulation (EU) 2021/128 should therefore be amended accordingly, HAS ADOPTED THIS REGULATION: Article 1 The Annex to Implementing Regulation (EU) 2021/128 is replaced by the text in the Annex to this Regulation. Article 2 This Regulation shall enter into force on the seventh day following that of its publication in the Official Journal of the European Union. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 7 May 2024. For the Commission The President Ursula VON DER LEYEN (1) OJ L 435, 6.12.2021, p. 187, ELI: http://data.europa.eu/eli/reg/2021/2116/oj. (2) Commission Implementing Regulation (EU) 2021/128 of 3 February 2021 setting the net balance available for EAGF expenditure (OJ L 40, 4.2.2021, p. 8, ELI: http://data.europa.eu/eli/reg_impl/2021/128/oj). (3) Council Regulation (EU, Euratom) 2020/2093 of 17 December 2020 laying down the multiannual financial framework for the years 2021 to 2027 (OJ L 433I, 22.12.2020, p. 11, ELI: http://data.europa.eu/eli/reg/2020/2093/oj). (4) Council Regulation (EU, Euratom) 2024/765 of 29 February 2024 amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027 (OJ L, 2024/765, 29.2.2024, ELI: http://data.europa.eu/eli/reg/2024/ 765/oj). ELI: http://data.europa.eu/eli/reg_impl/2024/1282/oj 1/2ANNEX ‘ANNEX Net balance available for EAGF expenditure (EUR million) Amounts made available to EAFRD Amounts transferred from Change following the MFF Net balance available for EAGF EAFRD mid-term revision as set out expenditure Budget year in Article 14(1) of Regulation (EU) Article 7(2) of Regulation (EU) Article 14(2) of Regulation (EU) Regulation (EU, Euratom) No 1307/2013 No 1307/2013 No 1307/2013 2024/765 2021 1 099,539 58,165 600,658 40 367,954 2022 1 086,292 57,919 525,400 40 638,189 2023 1 277,253 55,858 507,322 40 692,211 Article 103(1), point (a), and Article 17(5) of Regulation Article 103(1), point (b), and Article 103(2) of Regulation (EU) 2021/2115 Article 103(3) of Regulation (EU) 2021/2115 (EU) 2021/2115 2024 1 632,136 5,000 590,214 40 602,078 2025 1 702,286 5,000 590,214 –136,000 40 528,928 2026 1 807,987 5,000 590,214 –149,000 40 541,227 2027 1 981,419 5,000 590,214 –155,000 40 495,795’ 2/2 ELI: http://data.europa.eu/eli/reg_impl/2024/1282/oj EN OJ L, 8.5.2024

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