€254.9M
European Agricultural Guarantee Fund (EAGF)
About the EAGF
The European Agricultural Guarantee Fund (EAGF) constitutes one of the funding instruments of the Common Agricultural Policy (CAP) in Cyprus, along with the European Agricultural Fund for Rural Development (EAFRD)
The EAGF funds the Pillar I of CAP that deals with market supporting measures.
It supports the EU farmers through various enhancement plans, including a plan of a basic enhancement, a plan of sustainable agricultural procedures (“green direct payments”) and a plan for new farmers. All the payments are subject to conform with the regulations of the EU for the food security, environment protection and the good survival of animals.
It also funds the supporting measures for the stabilisation of agricultural markets, actions of information and promotion of agriculture, as well as the support of the excellent outermost regions (POSEI) and the smallest islands of Aegean Sea.
Funding Resources
For the period 2023-2027, the resources that have been allocated to Cyprus by the EAGF amount to €254.9M.
Co-funded Programme
The EAGF funding will be utilised through the Strategic Plan of Common Agricultural Policy (CAP) 2023-2027, whose Management Authority is the Ministry of Agriculture, Rural Development and Environment.