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

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  • Ákos Kengyel

    (Corvinus University of Budapest)

Abstract

Despite its political signifi cance 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 refl ect on the tasks, functions and structural problems of the budget and on how to use available resources in a more structured and effi cient way.

Suggested Citation

  • Ákos Kengyel, 2016. "New Headings – Old Problems: The Evolution and Future of the EU Budget," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(2), pages 100-106, March.
    • Handle: RePEc:spr:intere:v:51:y:2016:i:2:d:10.1007_s10272-016-0584-0
    DOI: 10.1007/s10272-016-0584-0
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    Cited by:

    1. Csaba, László, 2018. "Tőkepiaci unió vagy szabadságharc? [Capital-market union or a fight for freedom?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 484-498.

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