Brexit and the EU Budget

Margit Schratzenstaller

Chapter 12 in Features and Challenges of the EU Budget, 2019, pp 180-204 from Edward Elgar Publishing

Abstract: The chapter focuses on the impact of the Brexit on the EU budget. Departing from the hypothesis that the Brexit may act as a catalyst for fundamental reforms within the EU budget aiming at strengthening the added value of EU expenditures and revenues, the chapter sketches the pillars of such far-reaching reforms. It then provides an overview of the expected financial implications of the Brexit. The current status of the UK–EU Brexit negotiations implies a twofold financial impact of the Brexit, comprising the one-off “Brexit bill†or “divorce bill†and the permanent “Brexit gap†. Against this background, the chapter closes with a brief first assessment of the European Commission’s proposals for the next Multiannual Financial Framework. To cover the Brexit gap and to finance the new priorities, the proposals foresee an increase in national contributions as well as new own resources.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781788971911/9781788971911.00018.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:18478_12

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().