07/11/2022 (Agence Europe) – The European Commission announced, on Monday 7 November, that it had approved Hungary’s strategic plan for implementing the new Common Agricultural Policy (CAP). It is endowed with €8.4 billion from the EU budget, including €2 billion for environmental and climate objectives and green programmes, and €186 million for young farmers. The measures will also facilitate the installation of 8,800 young farmers. A priority of the plan is the modernisation of 7,700 farms. Hungary allocates 38% of the rural development budget to agri-environmental interventions, 8% to the development of organic farming and about 5% to the protection of Natura 2000 sites, which cover about 162,631 hectares. In addition, Hungary aims to double the area under organic farming by 2027 (see EUROPE 13053/4). (LC)