The European Union Budget: Financing Options for Member States

Ionel Bostan

MPRA Paper from University Library of Munich, Germany

Abstract: The work "The European Union Budget: Financing Options for Member States" (by: Brenda-Andreea Piuaru, Bucharest: Universitara, 2024) examines the European Union’s financial mechanism, starting from the theoretical foundations of public finance. The author provides a clear perspective on the integrated functioning of national and EU budgets, placing particular emphasis on modern methods of budget planning and execution. Importantly, the book analyzes the main financial components of the 2014–2020 and 2021–2027 periods, as well as the NextGenerationEU program, structured as follows: (i) The major funds of the 2014–2020 Multiannual Financial Framework (including the ERDF, ESF, Cohesion Fund, and others); (ii) Initiatives from the 2021–2027 Multiannual Financial Framework (such as the Just Transition Fund and ESF+); (iii) Recovery instruments under the NextGenerationEU framework. We consider this work a valuable resource for understanding the core instruments involved in the post-pandemic economic recovery process. It offers a comprehensive perspective on investment opportunities that contribute to strengthening the shared future of the European Union and its member states.

Keywords: EU Budget; contributions/benefits of Member States; methods for budget formation; financing options; NextGenerationEU (search for similar items in EconPapers)
JEL-codes: G2 G28 H3 H53 O1 O11 (search for similar items in EconPapers)
Date: 2024-11-30
New Economics Papers: this item is included in nep-eec
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:122842

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