The European Commission proposed on 2 May 2018 the new EU budget for the EU-27, including for a reformed, modernised Common Agricultural Policy (CAP).

The Commission is proposing a budget of € 365 billion for the new CAP that will continue to support direct payments to farmers and rural development. It will place a greater emphasis on the environment and climate, support the transition towards a more sustainable agricultural sector and the development of vibrant rural areas.

For additional information, see all the EU budget legal texts and factsheets, a set of questions and answers, and a statement by Commissioner for Agriculture and Rural Development Phil Hogan.