Financing the EU Budget

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Publisher : Rowman & Littlefield
ISBN 13 : 1783483318
Total Pages : 113 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis Financing the EU Budget by : Gabriele Cipriani

Download or read book Financing the EU Budget written by Gabriele Cipriani and published by Rowman & Littlefield. This book was released on 2014-11-19 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: Often described as complex, opaque and unfair, the EU budget financing system is an “unfinished journey.” One of the most critical issues is that EU revenue, drawn from the cashbox of national taxation, remains impalpable to the general public. The nature of the EU as a union of states and their nationals makes the visibility of EU revenue unavoidable. The political sustainability of a move that would put the legitimacy of EU revenue at the forefront of public discussion will depend on the European Commission’s ability to show that EU funds can achieve results that are truly beyond member states’ reach. The value-added tax (VAT) is a natural choice for funding the EU budget, through a dedicated EU VAT rate as part of the national VAT and designed as such in fiscal receipts, whose use as a means for raising EU citizens’ awareness could be encouraged already in the current arrangements.

A Guide to EU Funding

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Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis A Guide to EU Funding by : European Commission

Download or read book A Guide to EU Funding written by European Commission and published by . This book was released on 2017 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to the evolution of the world economy and its impact on Europe, the European Commission proposed a set of programmes to boost jobs, growth and investment across the European Union. The programmes are part of the multiannual financial framework 2014-2020. This publication guides you through these programmes and the funding opportunities they offer are briefly described here in this booklet. Detailed information is available on the European Commission's website. EU funding opportunities prove the added value of the EU budget in a number of fields, from research, employment, regional development and cooperation to education, culture, environment, humanitarian aid and energy, among many others. Significant support is available to small and medium-sized businesses, non-governmental and civil society non-profit organisations, young people, researchers, farmers and public bodies, to name a few.

Making the Best Use of EU Money

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Publisher :
ISBN 13 :
Total Pages : 106 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Making the Best Use of EU Money by : European Court of Auditors

Download or read book Making the Best Use of EU Money written by European Court of Auditors and published by . This book was released on 2014 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second landscape review examines risks to the financial management of the EU budget.--

Future Financing of the European Union

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Author :
Publisher : The Stationery Office
ISBN 13 : 9780104006290
Total Pages : 318 pages
Book Rating : 4.0/5 (62 download)

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Book Synopsis Future Financing of the European Union by : Great Britain. Parliament. House of Lords. European Union Committee

Download or read book Future Financing of the European Union written by Great Britain. Parliament. House of Lords. European Union Committee and published by The Stationery Office. This book was released on 2005 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Negotiations are underway to agree the details of the European Union budget for the period of 2007 to 2013 (known as the Financial Perspective), covering the newly enlarged EU of 25 member states. Further enlargement is likely, with Bulgaria and Romania due to join in 2007 and the possible accession of Croatia and Turkey being considered. The Committee's report considers a range of issues in relation to the current budget debate, including the merits of the Commission's proposals within the framework of recent and future EU enlargement; the Common Agricultural Policy; Structural and Cohesion Funds; the Lisbon Agenda; other spending categories; the functioning of the 'Own Resources' and a EU tax; UK abatement and the Commission's proposal for a Generalised Corrective Mechanism. Conclusions reached include support for the UK Government's insistence that the UK rebate is non-negotiable, given the inadequate reforms of the CAP; however, if real reform of the budget was offered, then the UK Government should be prepared to negotiate. Structural funds should be focused on the 10 new member states, as well as the two applicant countries of Romania and Bulgaria, with the phasing out of EU regional development funds for all 'old' member states with the exception of Greece and Portugal.

Financing the EU Budget

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Publisher :
ISBN 13 : 9789282369425
Total Pages : 6 pages
Book Rating : 4.3/5 (694 download)

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Book Synopsis Financing the EU Budget by : Alexandre Mathis

Download or read book Financing the EU Budget written by Alexandre Mathis and published by . This book was released on 2015 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reform Options for the EU Own Resources System

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3790820660
Total Pages : 180 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Reform Options for the EU Own Resources System by : Friedrich Heinemann

Download or read book Reform Options for the EU Own Resources System written by Friedrich Heinemann and published by Springer Science & Business Media. This book was released on 2008-06-10 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The general review of the European Union’s budget scheduled for the years 2008 and 2009 offers a unique opportunity for reflections. Explicitly this review is “without taboos” so that also substantive changes can and should be debated. Without doubt much better budgetary systems can be imagined compared to the status quo of the EU budget which is the outcome of a path-dependent process and where many details are only understandable by taking account of the historical context of past decisions. However, even if much better systems could be designed in theory, each reform suggestion, in the end, must pass the reality check of fi- ing unanimous support from all 27 member countries. This restriction heavily l- its the universe of available reform options. Faced with that difficulty the ZEW project team embarked on the adventure to think about possible reform options for the future EU own resource system. This volume documents the conclusions. At first sight our reform suggestion may - pear to be of a rather piecemeal nature since we recommend a reform model with strong ties to the status quo. Nevertheless, we are convinced that our seemingly minor changes will set the budget on a path towards a more rational European budget which, in the end, will create leeway for financing European policies with a true European value added. We gratefully acknowledge financial support from the German Federal Min- try of Finance in conducting this study.

European Union Public Finance

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Publisher :
ISBN 13 :
Total Pages : 442 pages
Book Rating : 4.:/5 (9 download)

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Book Synopsis European Union Public Finance by : European Commission

Download or read book European Union Public Finance written by European Commission and published by . This book was released on 2008 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: Part 1: The development of the Community's financial system - Part 2: The characteristics of the present financial system - Part 3: Establishment of the general budget - Part 4: Structure of the Community budget - Part 5: Implementation and external control - Part 6: Operations outside the general budget.

Europe for Growth

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Publisher :
ISBN 13 : 9789461380852
Total Pages : 78 pages
Book Rating : 4.3/5 (88 download)

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Book Synopsis Europe for Growth by : Jutta Haug

Download or read book Europe for Growth written by Jutta Haug and published by . This book was released on 2011 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: The system for financing the EU today is on its last legs. Indeed, with the EU budget being predominantly financed by national contributions, member states attach great importance to what they get in return, which in the end affects the European principle of solidarity and makes every budgetary negotiation a potential arena for political blockage. The economic and financial crisis, with its corresponding increase in the public deficit of member states, has unfortunately worsened the situation. Fully funding the European Union with own resources is the only way to put an end to the fair return approach and to make the necessary changes to EU spending that would provide it with the financial means equal to its needs and allow it to face the challenges of the future. On the eve of the presentation of a new proposal for own resources announced by the European Commission, Jutta Haug, Alain Lamassoure and Guy Verhofstadt, Members of the European Parliament belonging to three different political groups, have brought together their views and present this report as their contribution to the debate. Economists Daniel Gros and Paul De Grauwe of CEPS and Gaëtane Ricard-Nihoul and Eulalia Rubio of Notre Europe have collaborated with them in this important project. They demonstrate in this report that fully financing an EU budget of the size it is today with genuine own resources is not a dream but that such a change is feasible, provided that the political will to reform the current system can be summoned. Moreover, they find that it would not infringe on the member states' fiscal sovereignty. On the contrary, it would reinforce the link between the European Union and its citizens, putting an end to member states' tendency to calculate their net returns and possibly even enabling them to make cuts to their public expenditure. Finally, such a reform would represent a return to the spirit and the letter of the Treaty of Rome, which contained a clear aspiration for financial autonomy and which prevailed until the end of the 1980s.--Publisher description.

The Finances of the European Union

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Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Finances of the European Union by : Brigid Laffan

Download or read book The Finances of the European Union written by Brigid Laffan and published by . This book was released on 1997 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a comprehensive analysis of the growing financial power of the European Union in a lively and accessible form. It examines how the budget is used, how it is managed and assesses the future prospects of the budget.

EU Funds

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Publisher : EGEA spa
ISBN 13 : 8823812356
Total Pages : 116 pages
Book Rating : 4.8/5 (238 download)

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Book Synopsis EU Funds by : Veronica Vecchi

Download or read book EU Funds written by Veronica Vecchi and published by EGEA spa. This book was released on 2012-10-16T00:00:00+02:00 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union is reprogramming the fifth cycle of structural funds and other funding programs, They will represent a relevant opportunity for public, private and not for profit organizations non only to get additional resources for innovation, competitiveness and growth but above all to become part of transnational projects and networks to develop skills, know how and good practices. The aim of this book is to provide to students and executives useful conceptual framework and tools to strategically use European Union funds, both those managed by EU Commissions though its Directorates General and those managed by other Institutions (at national and regional levels or by, among others, European Investment Bank).

Financial Accountability in the European Union

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Publisher : Routledge
ISBN 13 : 1000223558
Total Pages : 314 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Financial Accountability in the European Union by : Paul Stephenson

Download or read book Financial Accountability in the European Union written by Paul Stephenson and published by Routledge. This book was released on 2020-11-19 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers comprehensive coverage of various aspects of financial accountability around the EU budget – how it is spent via policies, how institutions engage in checking policy performance (what taxpayers’ money actually delivers), and therein, the issues of monitoring, controlling, auditing, scrutinising and communicating budgetary expenditure. Presenting conceptual and theoretical approaches including financial accountability, learning, multi-level governance, implementation and throughput legitimacy, it looks at EU institutions (European Parliament, European Court of Auditors, European Ombudsman, European Public Prosecutor’s Office) and national bodies (supreme audit institutions at the national level), examining their contact with the EU budget. It details the historical development of accountability mechanisms (the ‘statement of assurance’, financial corrections, and parliamentary oversight by the Budgetary Control Committee (CONT)), and examines policy areas such as those of agriculture, social policy and cohesion (including Structural Funds and the Common Agricultural Policy), exploring the challenges of financial accountability in practice. Given the recent introduction of non-budgetary financial instruments and tools only partly financed by the EU budget, it sheds light on new burgeoning areas such as the European Stability Mechanism (ESM) and the European Fund for Strategic Investment (EFSI) and the challenges they bring for ensuring the accountability of public money. This book will be of key interest to scholars and students of audit and evaluation, budgetary spending and financial control and, more broadly, public administration, public policy and EU institutions and politics.

Financing the European Union

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (122 download)

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Book Synopsis Financing the European Union by : Clemens Fuest

Download or read book Financing the European Union written by Clemens Fuest and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: • Roughly two thirds of the European Union's budget is financed out of member states' national tax revenues. These resources, based on gross national incomes, are transparent, fair and in line with the principle of subsidiarity but they lead to political debates that emphasise the cost of EU spending rather than the benefits, and add to the perception of the EU budget in terms of net balances, rather than value added. • The financing of the EU budget must be reassessed in the light of the July 2020 decision to launch the Next Generation EU programme. Budget resources could include a plastics charge, a carbon border adjustment mechanism, a digital tax, revenues from emissions trading and a financial transactions tax. We evaluate these options against four criteria: whether the origin of the revenue can be assigned to a particular member state; whether the revenue can be raised in isolation or requires pan-European tax coordination; whether the new resource can help reduce tax distortions in the EU; and whether the resource is related to EU policies. • Revenues from emissions allowances fit these criteria best. Carbon emissions do not primarily cause damage only where they occur. Taking the EU cap on emissions as a given, additional emissions in a particular member state should be regarded as a negative externality on other member states. Emission reduction objectives are set at EU level. Whoever auctions off an allowance, wherever the corresponding emission occurs in the EU, and wherever the resulting good or service is consumed, the impact on common policy outcomes is the same. In this regard, proceeds from the sale of emissions trading system allowances are not that different from customs duties. • Compared to the ETS, the other candidates for EU own resources are less convincing. Carbon border adjustments are intended to limit international competitive distortions rather than to generate revenue. Digital taxes and minimum corporate taxes are best left to the process underway in the Organisation for Economic Co-operation and Development. On a financial transactions tax there is no agreement within the EU. • Total ETS revenues up to 2050 would approach €800 billion in a realistic scenario and possibly even €1.5 trillion assuming the scope of the ETS and the share of auctioned permits are increased. ETS revenues therefore would be largely sufficient to repay the Next Generation EU debt. However they would generate distributional effects, and so part of the revenues should finance grandfathered rights that would accrue to the member states. The EU can tackle the distributional issues involved in the reform of own resources.

Features and Challenges of the EU Budget

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1788971922
Total Pages : 240 pages
Book Rating : 4.7/5 (889 download)

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Book Synopsis Features and Challenges of the EU Budget by : Luca Zamparini

Download or read book Features and Challenges of the EU Budget written by Luca Zamparini and published by Edward Elgar Publishing. This book was released on 2019 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the inception of the European Economic Community, the EU budget has been one of the most contested and important issues. The evolution of its structure and composition has also reflected the overall development of the EU. From a multidisciplinary approach, this book examines the current features and challenges of the EU budget. It provides historical, political, legal, and economic analyses, alongside a discussion of its future development. The book will prove timely and relevant for scholars, practitioners and policy makers alike.

The new European Budgetary Order

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Publisher : Bruylant
ISBN 13 : 2802762990
Total Pages : 163 pages
Book Rating : 4.8/5 (27 download)

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Book Synopsis The new European Budgetary Order by : Robin Degron

Download or read book The new European Budgetary Order written by Robin Degron and published by Bruylant. This book was released on 2018-09-28 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Sovereign debt crisis pushed the EU to take a new step to the common financial rules. After some years of ‘soft budgetary carefreeness’, the European Budgetary Treaty boosted the movement of budgetary convergence in the EU. The ‘Six Pack’ and the ‘Two Pack’ consolidated the effectiveness of a new European budgetary order founded by the Maastricht Treaty and the Stability and Growth Pact. Even if mechanisms adopted by the Member States are formally different in law, conditions of European budgetary orthodoxy have been definitively hardened. This new rigor has a great impact on all the public administrations, as defined by the European Accounts System and Eurostat. The EU is a key-player of the budgetary game. This great power makes the EU accountable to the general economic situation within Europe and amongst all Member States. Budgetary regulation must be conciliated with preservation of some investment means to develop potential growth on the continent. ‘Giant in law’, the EU has to be responsible from an economic point of view. The problem is that, from a budgetary standpoint, the EU remains a ‘dwarf’. The European general budget is about 1% of the EU gross national income. The budgetary power of the EU is less than one twentieth of the USA federal financial power. Balance between ‘budgetary dwarf ’ and ‘giant in law’ is characteristic of ‘adolescence’ of the EU finances. Natural consequence of this situation, the EU capacities for redistributing and stabilization are still relatively limited. To overtake this powerlessness, the EU has used no budgetary tools by appealing to the European Investment Bank and the European Investment Fund. However, the ability of the EU to support public investment is not sufficient today to promote an authentic economic relaunching policy and to support the global competition, especially with the USA and China. With a ‘powerful brake’ and a ‘poor accelerator’, the risk is the European public investments continue to stand by. This is the investment paradox of the European budgetary order. Will the next negotiation on the multiyear financial framework post 2020 be able to change the point ? It is not sure, especially in the Brexit context. Negotiating an European financial agenda is always long and difficult. But, the exit of the United Kingdom could makes the game more disputed than ever. A thing is clear : beyond the technical and financial sizes of the new roadmap proposals established by the Commission, the democratic control of the European Parliament is still limited. The EU budgetary framework and timetable are too inert, not enough reactive, far from European citizens actually. In the historical moments we live, it is certainly a strategic mistake to not involve much more citizens and their representatives in the crucial negotiation on the long-term finances of the EU. This is the technocratic risk of the new European budgetary order.

European Union Budget Reform

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Author :
Publisher : Springer
ISBN 13 : 1137004983
Total Pages : 229 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis European Union Budget Reform by : G. Benedetto

Download or read book European Union Budget Reform written by G. Benedetto and published by Springer. This book was released on 2012-10-10 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: A tension between (richer) contributing Member States and (poorer) recipient Member States has always characterised the history of the budget of the European Union, the politics of which has often turned fraught. This volume evaluates the prospects for major change to expenditure and the structure of the budget for the period starting in 2014.

EU Budget for the Future

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Publisher :
ISBN 13 : 9789276113324
Total Pages : pages
Book Rating : 4.1/5 (133 download)

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Book Synopsis EU Budget for the Future by :

Download or read book EU Budget for the Future written by and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The financing of the next multiannual financial framework must be reformed and modernised. Europe needs a less complex, more transparent and fairer system that is better aligned with the EU's policy objectives. The Commission has proposed alternative sources of revenue - for example revenue from the emissions trading system, or the contributions based on non-recycled plastic. These are directly linked to the EU's policy priorities and will make it possible to reduce the national contributions based on gross national income (GNI) - the primary source of revenue for the EU budget.

Financing the EU Budget

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Author :
Publisher :
ISBN 13 : 9789282369432
Total Pages : 6 pages
Book Rating : 4.3/5 (694 download)

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Book Synopsis Financing the EU Budget by :

Download or read book Financing the EU Budget written by and published by . This book was released on 2015 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: