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Financing the European Union: Options for Reform

Nicolaides, Phedon and Talsma, Frank. (2005) Financing the European Union: Options for Reform. EIPAScope 2005(2):pp. 27-34.

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Abstract

This article reviews the budget of the Union, its size, sources of revenue, areas of expenditure and considers, first, how it may be reformed so that it can serve better the objectives of the Union and, second, how Member States can share more fairly the burden of financing it. The article argues that agricultural spending should be reduced, structural funds should be more concentrated and that any mechanism to correct budgetary imbalances should also take into account excessive surpluses as well as excessive deficits.

Item Type:Journal Article
Public Domain:No
Refereed:No
Status:Published
Authors, Individual:Nicolaides, Phedon and Talsma, Frank.
Title:Financing the European Union: Options for Reform
Language:English
Publication:EIPAScope
Journals and Series:Journals > European Institute of Public Administration (Maastricht) > EIPASCOPE
Volume:2005
Number:2
Pages:pp. 27-34
Year:2005
Subjects:EU policies and themes > Policies & related activities > budgets & financing
Alternative Locations:http://www.eipa.nl/cms/repository/eipascope/SCOPE2005-2_4.pdf
ID Code:5948
Deposited By:Wilkin, Phil
Deposited On:25 March 2006