IDEAS home Printed from https://ideas.repec.org/p/zbw/swpcom/162006.html
   My bibliography  Save this paper

The financing of the EU's common foreign and security policy: Solving the conundrum

Author

Listed:
  • Bendiek, Annegret
  • Whitney-Steele, Hannah

Abstract

On 17th May 2006 the European Parliament voted for the agreement on the Financial Framework 2007-2013. The EU has decided that in that period a total of Euro 49.463 million will be spent on its external policy, which constitutes an average increase of 29%. This development is in line with public opinion, as according to the Eurobarometer the support amongst Europeans for an EU Common Foreign and Security Policy (CFSP) is remarkably high. However, the new budget presents the EU and the Member States with several challenges: firstly, a lack of transparency in the allocation of funds; secondly, too little possibility for democratic control by the European Parliament; and finally, a still insufficient amount of funding. One way to diminish these deficits would be the introduction of a CFSP Fund in 2009, out of which all EU missions would be financed. If it were established, this Fund ought to be subject to scrutiny by the European Parliament, as well as being equipped with adequate financial means. (SWP Comments / SWP)

Suggested Citation

  • Bendiek, Annegret & Whitney-Steele, Hannah, 2006. "The financing of the EU's common foreign and security policy: Solving the conundrum," SWP Comments 16/2006, Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs.
    • Handle: RePEc:zbw:swpcom:162006
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/256009/1/2006C16.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:swpcom:162006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://www.swp-berlin.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.