New Headings – Old Problems: The Evolution and Future of the EU Budget

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].

• Primary Source

Intereconomics: Archive http://archive.intereconomics.eu/years/

Intereconomics: Anniversary Issue. 50 years of European integration http://50years.intereconomics.eu/50-years.html

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