Common Agricultural Policy Reform and the New Priorities for Financing Rural Development in the European Union

This article proposes a quantitative and qualitative analysis of the new funding priorities of rural development in the Member States during 2014-2020. The central goal of our research aims to highlight the impact of Common Agricultural Policy reform on its main financing instruments: direct payments and rural development programs. Also, our research will assess, through a SWOT analysis, which are the main funding opportunities for Member States adapted to their specific national circumstances, but convergent with Common Agricultural Policy strategic objective: financing the sustainable rural development in European Union