Structure and Evolution of EU Budget Revenue

Nicoleta Mihaela Florea, Mirela Ganea and Stelian Selisteanu
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Nicoleta Mihaela Florea: University of Craiova Faculty of Economics and Business Administration
Mirela Ganea: University of Craiova Faculty of Economics and Business Administration
Stelian Selisteanu: University of Craiova Faculty of Economics and Business Administration

Finante - provocarile viitorului (Finance - Challenges of the Future), 2013, vol. 1, issue 15, 175-180

Abstract: Although small size, representing only 1% of EU wealth, its budget is an important tool for achieving the objectives of integration. Basically, in one form or another, every EU citizen benefits from the EU budget at the local, national and European level: food and safer toys, new roads and better quality of security at EU borders. These are just a few examples of areas where the EU budget plays a decisive role. To fulfil its objectives, the European Union has traditional own resources, the VAT - based own resources and the GNI- based resources.

Keywords: traditional own resources; the VAT-based own resources and the GNI-based resources (search for similar items in EconPapers)
JEL-codes: H0 H2 H6 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2013:i:15:p:175-180

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