| Author (Person) | Kengyel, Ákos |
|---|---|
| Series Title | Intereconomics |
| Series Details | Vol.51, No.2, March-April 2016 |
| Publication Date | March 2016 |
| ISSN | 0020-5346 |
| Content Type | Journal | Series | Blog |
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Despite its political significance the size of the European Union’s budget is rather modest: the expenditures make up less than one per cent of the EU’s Gross National Income. This article aims to examine the long-term problems linked to the budget. Critical analysis of characteristic features of the EU budget is particularly important, as we argue the Multiannual Financial Framework 2014-2020 maintains the “old” problems, and we suggest that a more comprehensive long-term reform is necessary. Under such circumstances, it is worthwhile to reflect on the tasks, functions and structural problems of the budget and on how to use available resources in a more structured and efficient way. [This Intereconomics article is available for free at this page after an embargo period of two years. Reading it before January 2018 is possible via SpringerLink]. |
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| Source Link | Link to Main Source http://archive.intereconomics.eu/year/2016/2/new-headings-old-problems-the-evolution-and-future-of-the-eu-budget/ |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
