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Euronews
Euronews
Gerardo Fortuna

EU Commission plans major overhaul of budget, merging agricultural and regional funds

A major shake-up in how the EU manages farming subsidies appears to be underway with the European Commission planning to unify delivery of its two largest budget items—cohesion funds and agricultural subsidies—under a single channel, according to a leaked draft of the EU’s next long-term budget seen by Euronews.

Crucially, the proposal would eliminate the CAP’s “second pillar”, which currently funds rural development programmes. These programmes support agro-environmental initiatives, farm investments, and the development of rural communities.

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