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The Financing of the European Union Budget

Author

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  • Herman MATTHIJS

Abstract

The European Union (E.U.) has a specific system of financing its institutions. The system has been the subject of political discussion since the beginning in 1970 and the recent modification in 2020. This system has come under increasing pressure as a result of the growth of the number of member states and growing economic disparity between the Northern versus Southern and Western versus Eastern member states of the Union. The question of whether to rely on its own sources of finance or on contributions from its members is the subject of a separate political argument.

Suggested Citation

  • Herman MATTHIJS, 2022. "The Financing of the European Union Budget," Review of European Studies, Canadian Center of Science and Education, vol. 14(2), pages 1-13, June.
    • Handle: RePEc:ibn:resjnl:v:14:y:2022:i:2:p:13
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    References listed on IDEAS

    as
    1. Herman Matthijs, 2017. "The Financing of the European Union Budget," Financial and Monetary Policy Studies, in: Nazaré da Costa Cabral & José Renato Gonçalves & Nuno Cunha Rodrigues (ed.), The Euro and the Crisis, pages 325-338, Springer.
    2. Margit Schratzenstaller & Alexander Krenek, 2019. "Tax-based Own Resources to Finance the EU Budget," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 54(3), pages 171-177, May.
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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