The following paper is devoted to issues of the budget process of the EU. The introduction includes an analysis of relationships between notions of the budget of the Communities and the budget of the EU and reflections concerning the Union's budget. Then, the paper describes normative principles and characterizes the budget process and its stages such as designing, passing, enforcing and reporting. The shape of the budget process is determined by the so called budget principles among which the author describes the principles of: unity, completion, its particular character, reliability. balance and a single-year term. Functioning of these principles is being analyzed on the basis of the Union's positive law, including some doctrine theses. In the final part of the paper some specific elements of the EU budget process are being concerned, such as legal force of the budget document and complex relations within the so called budget power which is strictly connected with the Union's political issue.
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