Abstract
The Attention is focused on the expediency of financial support for the income of farms due to the inability to carry out the reproduction process in an open and unprotected market. The EU Regulations are analysed, which determine the procedure for direct support to farmers and the implementation of market measures through the European Agricultural Guarantee Fund (EAGF). The schemes of direct payments and market measures of European farmers (their income) are presented in line with the first component of the CAP (First Pillar) using financing mechanisms implemented through EAGF. The sizes and conditions of direct assistance to farmers within the framework of the first component of the CAP are considered. The effectiveness of the measures of the CAP for the financial support of farms has been established. The necessity of correlation of the mechanism of support for farmers with the fulfilment of their obligations to protect the environment is proved. The expediency of singling out among agricultural producers certain categories of farms worthy of a special attitude towards them by society and the state has been established.
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