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Financial theory and practice, Vol. 29 No. 3, 2005.

Professional paper

The European Union Budget

Hrvoje Šimović

Full text: english pdf 89 Kb

page 245-262

downloads: 5.026

cite

Abstract

This paper analyses the current budgetary system of the EU, its features and the differences in it from the budgets of nation states, particularly from the standpoint of budgetary revenue and expenditure. Below there is an analysis of the system of the redistribution of EU budgetary resources via the Structural Funds, leading to different net positions of the member states in the use of budgetary resources. The object of the system is to achieve the maximum economic and social cohesion within the EU. The article points out that processes of EU enlargement and the creation of a new “financial perspective” will lead to many problems in the fulfilment of these objectives.

Keywords

budget; European Union; net transfers; enlargement of the EU

Hrčak ID:

6004

URI

https://hrcak.srce.hr/6004

Publication date:

1.9.2005.

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