EU Budget for the Future


Book Description

The EU budget is unique. Unlike national budgets which are used in large part for providing public services and funding social security systems, the EU budget is primarily an investment budget. It provides a longer-term planning horizon and stability, which is a prerequisite for investment planning. The current EU budget covers 2014-2020 and allows the European Union to invest around €1 trillion over that period.




EU Budget for the Future


Book Description

The next long-term budget, starting on 1 January 2021, will be the first for the European Union of 27. This is a pivotal moment for the EU. A time when the Union is ready to back up its words with actions. The Commission proposes a new, modern and focused long-term budget, tightly geared to the political priorities - bringing to life the positive agenda set out by President Juncker in the State of the Union Address on 14 September 2016 and agreed by the leaders of the 27 Member States in Bratislava on 16 September 2016 and in the Rome Declaration of 25 March 2017. The proposed budget combines new instruments with modernised programmes to deliver efficiently on the European Union’s priorities and to rise to new challenges.




EU Budget for the Future


Book Description

InvestEU supports four different policy areas, focusing on where the EU can add the most value by providing a budget guarantee to attract private investment.




EU Budget for the Future


Book Description

Every seven years, the EU leaders have an opportunity to choose the kind of Europe they want - and to decide unanimously on how to finance their joint ambition to build it. A Europe limited to the single market does not need large funding programmes. A Europe that chooses to do more together needs the resources to match this wider ambition. Below are some options to illustrate possible choices - neither exhaustive nor reflecting necessarily the Commission{u2019}s position.




EU Budget for the Future, Volume 7


Book Description

European Space Programme (COM(2018) 447 final).










Future Financing of the European Union


Book Description

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.







EU Fiscal Federalism


Book Description

Fiscal federalism refers to the division of fiscal powers -- powers to tax and spend -- between different levels of government. The European Union (EU) is often seen as a legislative giant on clay feet, and one of the principal reasons for this feebleness is the lack of a significant fiscal capacity at the Union level. EU Fiscal Federalism: Past, Present, Future explores ten aspects of the EU's fiscal constitution relating both to the fiscal limits it imposes on Member States and the evolution of its own fiscal policy. Bringing together an international and distinguished group of scholars, this volume analyses the different legal dimensions of fiscal federalism within the EU, from the various aspects of the single market (free movement, banking union, state aid, tax harmonisation) to the EU's budget and Economic and Monetary Union. The essays provide a fascinating overview of the topic as well as a detailed analysis of where EU fiscal federalism stands today and how it might develop in the future. Sweeping and thorough, EU Fiscal Federalism addresses topics vital to maintaining and strengthening the Union's fiscal capabilities. It will appeal to academics and students of European Union law and political economy as well as European policymakers.