Journal of Bio-Based Marketing (Mar 2020)

INVESTMENT ACTIVITY OF BULGARIAN FARMS UNDER THE CONDITIONS OF CAP 2014-2020

  • Tihomira Radeva

Journal volume & issue
Vol. 1, no. 1
pp. 49 – 58

Abstract

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Successful adaptation of Bulgarian farmers to a modern, dynamic market environment requires investment in production factors to strengthen the productive potential of the sector as a whole. Conduct the common agricultural policy aims to support farms in the process. CAP instruments play an important role in determining the propensity to invest and the renovation industry. The aim of the study is and establish the impact of the CAP on the investment activity of Bulgarian farms. Farmers demonstrate increased investment activity, which is realized thanks to the ongoing Common Agricultural Policy. The majority of the investment expenses of farms are funded by investment program measures for rural development. Measure 121 “Modernization of agricultural holdings” may be determined by the measure with the greatest impact on the sector, because it forms the main part of the investment and updated production in technical and technological terms.

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