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FUNDING SOURCES AND THEIR FORMATION MECHANISM IN THE EU DRAFT BUDGET

Florin-Cornel Popovici and Laura Nasta
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Florin-Cornel Popovici: TIMISOARA WEST UNIVERSITY
Laura Nasta: ACADEMY OF ECONOMIC STUDIES, BUCHAREST, ROMANIA

Annals - Economy Series, 2016, vol. 1, 146-150

Abstract: Budgetary sources, even in the European Union (EU), are made up of ordinary and extraordinary sources. Each source has its specificity with a more or less significant in absolute impact on the total sum of budget. In this context, U.E. income sources include contributions required from Member States, the import duties on products from outside the European Community and the fines imposed on enterprises which do not comply with the European financial, fiscal and environmental laws.

Keywords: Budgetary principles; the European Union; funding sources macroeconomic indicators; budgetary implementation (search for similar items in EconPapers)
Date: 2016
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