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Which Are The Future Revenues Of The European Union Since2014?

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  • BUNESCU Liliana

    (Lucian Blaga University of Sibiu)

  • COMANICIU Carmen

    (Lucian Blaga University of Sibiu)

Abstract

The new EU multiannual financial framework must bring some changes in methods of EU funding. European public revenue reform is needed to cover the weaknesses in the period 2007-2013. The EU financing reform covers three main elements: the simplification of the Member States` contributions, the introduction of new own resources, and the reform of correction mechanisms. This paper begins with a presentation and analysis of current EU funding system, of its characteristics, but it also contains a number of proposals for the new revenues of the EU budget from 2014 to 2020.

Suggested Citation

  • BUNESCU Liliana & COMANICIU Carmen, 2012. "Which Are The Future Revenues Of The European Union Since2014?," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 0(4), pages 87-98.
  • Handle: RePEc:blg:reveco:v:supplement:y:2012:i:4:p:87-98
    as

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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/suplimente/Volume4-2012.pdf
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    References listed on IDEAS

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    8. Holmes, James M & Hutton, Patricia A, 1990. "On the Causal Relationship between Government Expenditures and National Income," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 87-95, February.
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