Budget of the EU: from its establishment until now

• Authors: Petra Kučová
• Languages of publication: EN

Abstracts

EN

This paper provides a study of the evolution of common finances of the European Union (or European Communities). The development over time is presented and motivations for introduced changes, as was for instance the introduction of the multiannual financial perspective, are studied. Current procedure of accepting the annual budget and the multiannual financial framework is described. In the last part, patterns of changes in expenditures over time are analyzed; in particular, period 1988- 2020 is discussed.

Keywords

EN

European Union; budget; multiannual financial framework; budgetary procedure

• Publisher: University Service Publishing, Prague, Czech Republic
• Journal: International Economics Letters
• Year: 2013
• Volume: 2
• Issue: 1
• Pages: 26-36

Contributors

author

Petra Kučová

• Redakce IEL, Univerzitní servis, s.r.o., Trnkovo nám. 1112/2, 152 00 Praha 5, Czech Republic