Ciolos said the European Parliament and the Council of Ministers still have many aspects to negotiate.

According to Ciolos, the EU draft budget will allow the European Union to deal with the challenges it is facing.

The Common Agricultural Policy continues to occupy a key place in the EU draft budget and was allotted EUR371.7 billion, plus additional funds amounting to EUR15.2 billion. About EUR386.9 billion will be available for the European agriculture sector between 2014 and 2020.

Ciolos said direct payments will remain the main instrument to support farmers.

Rural development programs will continue and will be allotted a significant amount of funds.