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Commission fixes rural development funding purse for new Member States

Published 14 January 2004 - Updated 29 January 2010
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The Commission has fixed EU funding for the new Member States' rural development projects at 5.76 billion euro in current prices for 2004-2006.

Background: 
The 5.76 billion euro purse earmarked by the Commission for agricultural development funding in the new Member States is to be allocated according to the terms and amounts laid down in the Act of Accession. Following the new Member States' accession on 1 May 2004, the EU will co-finance a broad range of rural development projects at a maximum rate of 80 per cent.

The annual initial allocations agreed by the Commission are as follows (million euro, in current prices):

 

2004 2005 2006 2004-2006
Czech Republic 163.3 182.0 197.5 542.8
Estonia 45.3 50.4 54.8 150.5
Cyprus 22.5 25.1 27.2 74.8
Latvia 98.7 110.0 119.4 328.1
Lithuania 147.3 164.1 178.1 489.5
Hungary 181.2 201.9 219.2 602.3
Malta 8.1 9.0 9.8 26.9
Poland 862.4 961.0 1,043.0 2,866.4
Slovenia 84.7 94.4 102.5 281.6
Slovakia 119.5 133.1 144.5 397.1
Total 5,760

 

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