WHICH ARE THE FUTURE REVENUES OF THE EUROPEAN UNION SINCE2014?

Liliana Bunescu and Carmen Comaniciu

Revista Economica, 2012, vol. Supplement, issue 4, 87-98

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.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:supplement:y:2012:i:4:p:87-98

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