2. The CAP
today
A substantially
reformed policy…
•Structured
in two complementary pillars
•
•Farm support mainly decoupled and subject to cross-compliance
•
•Role of market intervention mechanisms significantly reduced to safety net level
•
•Rural development policy strengthened with funds and new policy instruments
•Surpluses belong to the
past
•
•Competitiveness
improved
•
•Improved transfer
efficiency
•
•More sustainable
farming
•
•Integrated
approach for rural areas
•
•Contribution
to EU budget stability