The Budget of the European Union - Opportunity or Burden for Romania?

Dragos Mihai Ungureanu ()
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Dragos Mihai Ungureanu: Spiru Haret University, Faculty of Finance and Banking, Postal: 46 G Fabricii Str., District 6 Bucharest, Romania,

International Conference on Economic Sciences and Business Administration, 2014, vol. 1, issue 1, 327-332

Abstract: This paper aims to structure a synoptic image of the expenditure at European Union level from the EU Budget by correlating with the financial flows between EU and Romania, in order to prove a false widespread public idea that Romania contributes to EU accounts with more money than it receives back. Hence, it concludes that Romania is a net beneficiary in relation to EU budget with a positive balance of approx. 15 billion euro by mid-2014.

Keywords: multiannual financial framework; financial perspective; net financial flows; net beneficiary. (search for similar items in EconPapers)
JEL-codes: E60 E61 H60 H61 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:icb:wpaper:v:1:y:2014:i:1:327-332

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