BUDGET OF THE COMMON AGRICULTURAL POLICY OF THE EUROPEAN UNION UNDER THE FINANCIAL FRAMEWORK FOR THE PERIOD 2014-2020

Since the beginning of the establishment of the CAP of the EU funding it is subject to criticism and debate all EU member states not only net contributors to the EU budget, but in particular recipients. CAP costs currently represent almost 50% of the EU budget and therefore the CAP tools are constructed to EU subsidy policy has been used effectively and financial aid went directly to farmers. The " new" CAP for the period 2014 - 2020 are the tools upgraded so should its objectives have been met. The aim of this paper is to describe some general structural changes in the budget, but above all to summarize changes in CAP funding under the EU's financial framework for the period 2014 - 2020 with a focus on young farmers. The paper presents the changes that will cover financial support for Slovak farmers under the CAP budget of the EU.