Ciaian, Pavel; Kancs, D'Artis; Espinosa, Maria - 2016
Decoupled direct payments were introduced in the European Union (EU) by the 2003 CAP reform in form of the Single … Payment Scheme (SPS) and the Single Area Payment System (SAPS). The 2013 CAP reform changed both the implementation of … decoupled payments as well as its budget. We assess the possible effects of the 2013 CAP reform on the capitalization of …