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Notes

  • 1. Peter Nowicki and Hans van Meijl, Agricultural Economics Research Institute (LEI- WUR);Kaley Hart Institute for European Environmental Policy (IEEP).
  • 2. Council Regulation 1257/1999 of 17 May 1999 on support for rural development from the European Agricultural Guidance and Guarantee Fund (EAGGF), and certain amending and repealing Regulations.
  • 3. The legal basis for voluntary modulation was set out in Article 4 of Council Regulation 1259/99.
  • 4. Contract No. 30-CE-0162480/00-47 of the Directorate General for Agriculture and Rural Development with LEI and IEEP:

http://ec.europa.eu/agriculture/analysis/externul/modulation/index_en.htm.

  • 5. COM(2008) 306 Final.
  • 6. Article 69 of Council Regulation 1698/2005 sets out the allocation criteria for the EAFRD budget between member states, which consider: past performance (allocations under the 2000-06 programming period), amounts reserved for Convergence regions; and additional amounts relating to specific situations and needs based on objective criteria (not defined).
  • 7. ec.europa.eu/agriculture/publi/reports/scenar2020/index_en.htm.
  • 8. It declines over time due to depreciation.
 
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