EAGGF

The European Agricultural Guidance and Guarantee Fund (EAGGF), set up by Regulation No 25 of 1962 on the financing of the Common Agricultural Policy (as last amended by Regulation (EEC) No 728/70) consumes a large part of the general budget of the European Union. The Fund's Guarantee Section finances, in particular, expenditure on the agricultural market organisations, the rural development measures that accompany market support and rural measures outside of Objective 1 regions, certain veterinary expenditure and information measures relating to the CAP.The Guidance Section finances other rural development expenditure (not financed by the EAGGF Guarantee Section).
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EAGGF

= Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF).
Ex: The Guarantee Section of the European Agricultural Guidance and Guarantee Fund (EAGGF) aims to provide a secure income for Community farmers and seeks to alleviate the problems of agriculture within the Community.

EUROPEAN AGRICULTURAL GUIDANCE AND GUARANTEE FUND. EAGGF