| Author (Corporate) | European Commission |
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| Series Title | COM |
| Series Details | (2011) 500 final (29.6.11) |
| Publication Date | 29/06/2011 |
| Content Type | Policy-making |
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In preparing its proposals for the future budget of the European Union, the Commission has faced the challenge of being able to fund the growing number of policy areas where the EU can be more effective by acting through the EU level in the current climate of national austerity and fiscal consolidation. This has led it to propose a budget with a strong pan-European logic, designed to drive the Europe 2020 growth strategy. This proposal is innovative in terms of the quality of its spending proposals and also in terms of how the EU budget should be funded in future, potentially easing the direct impact on national budgets and making it a truly European budget. In drawing up this proposal, the Commission has examined the impact of current spending instruments and programmes, has consulted widely with stakeholders and has analysed options for the design of instruments and programmes under the next multiannual financial framework( MFF). |
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| Source Link | Link to Main Source http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2011:0500:FIN:EN:PDF |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |