The implementation of the Lisbon Treaty has brought about a profound institutional reform, with significant consequences both in terms of the contents and structure of the European agricultural law. This treaty introduced very important changes in the regulation of the Common Agricultural Policy concerning first of all the institutional and competence aspects and to a lesser degree – also the material aspect. At the same time, with changes at the institutional and competence levels introduced by the Lisbon Treaty and being a consequence of the legal regulation of agriculture subjected to a regular legislative procedure, a novel aspect has appeared in the relation between economy and law within the Common Agricultural Policy. In view of the latest European reforms, which took place before and after the Lisbon Treaty, we may observe a trend towards the creation of a European code of agricultural law. However, this code is not only a uniform code for the twenty seven countries presently comprising the European Union, but rather a common code, in which the needs and subjects at the national, regional and local levels occupy an important position next to those competent for the undertaking of central normative decisions. It is a model for the codification and a code differing from the national codes originating from the 18th century.