Analysis of the Mechanism of the Common Organization of the Markets for Agricultural Products in the European Union

Krassimira Zagorova – Technical University of Varna, 1 Studentska Str., Varna, Bulgariа

Abstract: The Common Organization of the Market for Agricultural Prod­ucts in the European Union is part of the common agricultural policy, which ensures both stable and predictable markets and resilient purchase prices, which in turn safeguards farmers’ stable earnings and provides constant supply of quality food to consumers.

The aim of this study is to analyze the applicability and adaptability of the mechanism of the common organization of markets in the EU, including: its internal aspect, mainly related to interventions in the market for agricultur­al products, and its external aspect related to the trade with third countries, import and export licenses, refund of part of costs associated with exporting agricultural products produced in the Community, etc.

The Common Organization of Markets, as a basis for implementing the EU Common Agricultural Policy, operates within a financial framework period­ically updated by the European Commission in order to adequately imple­ment the principle of subsidiarity, allowing EU Member States to play a key role in terms of interventions in the agricultural sector.

8th International Scientific ERAZ Conference – ERAZ 2022 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT, Online-Virtual (Prague, Czech Republic), May 26, 2022

ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Economics and Business, Mediterranean University, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; AMBIS University, Prague – Czech Republic; Faculty of Applied Management, Economics and Finance – Belgrade, Serbia

ERAZ Conference 2022 Conference Proceedings: ISBN 978-86-80194-60-8, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.2022

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

Sugested citation

Zagorova, K. (2022). Analysis of the Mechanism of the Common Organization of the Markets for Agricultural Products in the European Union. In V. Bevanda (Ed.), ERAZ Conference – Knowlegde Based Sustainable Development: Vol 8. Conference Proceedings (pp. 1-7). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ERAZ.2022.1

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