The European Commission published on 1 June 2018 its legislative proposals for modernising and simplifying the Common Agricultural Policy (CAP) for the 2021-2027 programming period.

The new CAP will be based on nine objectives reflecting the economic, environmental and social importance of the policy and will prioritise results and performance, rather than rules and compliance. It will introduce a tailor-made approach, giving greater freedom to EU Member States to decide how best to meet the common objectives while at the same time providing for their own specific needs.

According to the Commission’s proposal for the overall EU budget of 2 May 2018, the CAP would be allocated € 365 billion, including € 265.2 bn for direct payments, € 20 bn for market support measures, and € 78.8 bn for rural development.