selection

EU Financing / Budgetary Affairs

This category contains 92 posts

Economic and Budgetary Outlook for the European Union 2018

In 2017, the EU and euro-area economies continued their moderate growth (slightly over 2 %) in a context of global improvement (3.5 %) underpinned by a strong rebound in world trade, continuing growth in China and a return to growth in countries such as Brazil and Russia. Continue reading

Future financing of the Union [Ten issues to watch in 2018]

The EU has a modest fiscal capacity in the form of an annual budget, whose size and structure are largely predetermined by a Multiannual Financial Framework (MFF). The current MFF covers the 2014-2020 period and amounts to €1.09 trillion, or roughly 1 % of EU GDP. Continue reading

How the EU budget is spent: Development Cooperation Instrument

The Development Cooperation Instrument (DCI) is the main financial instrument in the EU budget for funding aid to developing countries. Continue reading

How the EU budget is spent: Copernicus – The EU’s Earth observation and monitoring programme

Copernicus is the European Union’s earth observation and monitoring programme. It has a space component and a ground-based component, and provides users with data services. Continue reading

How the Budget is spent: Horizon 2020

Horizon 2020 – the Framework Programme for Research and Innovation (2014-2020) – is the successor to seven previous framework programmes. With a budget of over €70 billion, it is unique in the world, not only in terms of budget, but also duration and scope. Continue reading

How the Budget is spent: Youth Employment Initiative

The Youth Employment Initiative (YEI), with an initial financial envelope of €3.2 billion for 2014-2015, is the main EU funding programme of this political commitment. Its objective is the fight against youth unemployment in the worst-affected EU regions by supporting young people not in education, employment or training (NEETs) in regions with a youth unemployment rate above 25 %. Continue reading

How the EU budget is spent: Instrument for Nuclear Safety Cooperation

With a 2014-2020 budget of €225.3 million (0.02 % of the 2014-2020 Multiannual Financial Framework), the current INSC promotes a high level of nuclear safety, radiation protection, and safeguards for nuclear material outside the EU, from Argentina to Mongolia. Continue reading

Structural funds – Investing in people [What is Europe doing for its citizens?]

Written by Christiaan van Lierop, Accounting for over one third of the EU’s budget, structural funds (ESIF) have helped to transform Europe. From motorways to wind farms, airports to urban regeneration schemes, structural fund investments are a tangible expression of the EU’s promise to develop infrastructure and generate economic growth. Yet beyond these very visible … Continue reading

2014-2020 Multiannual Financial Framework (MFF): Mid-term revision [EU Legislation in Progress]

Written by Alessandro D’Alfonso (3rd edition), The Multiannual Financial Framework (MFF) sets the maximum level of resources (‘ceiling’) for each major category of EU spending for the years 2014-2020. Based on the compulsory mid-term review of the MFF, the European Commission proposes to modify the flexibility provisions and special instruments of the MFF Regulation. The … Continue reading

How the EU budget is spent: European Maritime and Fisheries Fund

Written by Magdalena Sapala, Jean Weissenberger, The €6 396.6 million European Maritime and Fisheries Fund (EMFF) may be the smallest of the European Structural and Investment Funds for the 2014-2020 period, but it is the principal financial tool supporting the EU common fisheries policy (CFP). Governed by Regulation 508/2014, (the EMFF Regulation), the Fund aims at providing the … Continue reading

How the EU budget is spent: Macro-financial assistance

Written by Ana Claudia Alfieri, One important European Union (EU) objective is to achieve macroeconomic and political stability in its neighbourhood by ‘developing a zone of shared stability, security, and prosperity’ through a set of policies that help to bring candidate, potential candidate, and neighbourhood countries closer to the EU. One of these policies is … Continue reading

The Brexit negotiations: Issues for the first phase

Written by  Alessandro D’Alfonso, Eva-Maria Poptcheva, James McEldowney and Laura Tilindyte, Negotiations on the arrangements for the United Kingdom’s withdrawal from the European Union started on 19 June 2017. The European Commission is negotiating on behalf of the EU, on the basis of the European Council’s guidelines and the subsequent mandate from the Council. The … Continue reading

Smart Borders: EU Entry/Exit System [EU Legislation in Progress]

In anticipation of increased traveller flows and in response to security concerns regarding the control of EU external borders, on 6 April 2016, the Commission presented revised proposals for establishing an Entry/Exit System for recording the border-crossings of all non-EU nationals. Continue reading

How the EU budget is spent: Instrument for Pre-accession Assistance (IPA II)

Written by Martin Svasek, The Instrument for Pre-accession Assistance (IPA) supports countries that are candidates or potential candidates for EU membership. The support goes towards measures aiming at adopting and implementing the political, institutional, legal, administrative, social and economic reforms required to comply with the Union’s values and to align progressively with the Union’s rules, … Continue reading

Revision of EU financial rules [EU Legislation in Progress]

Written by Rafał Mańko (1st  edition), In September 2016, the Commission tabled a proposal for a new Financial Regulation which would replace the current one (together with its Rules of Application), as well as amend 14 other sectoral regulations and a decision each also containing financial rules. The Commission justifies its proposal by the need … Continue reading

How the EU budget is spent: Nuclear decommissioning assistance

Written by Gianluca Sgueo and Matthew Parry, In the early 1990s, in the wake of the 1986 Chernobyl disaster, the EU began providing financial and technical assistance to partner countries in Eastern Europe and Central Asia via the TACIS and PHARE programmes. In 1999, the EU launched three nuclear decommissioning assistance programmes (NDAP) specifically to … Continue reading

How the EU budget is spent: Instrument contributing to Stability and Peace

Written by Alina Dobreva with Philipp Wegner, The EU contributes to the prevention of emerging crises and to an effective response to existing ones through the Instrument contributing to Stability and Peace (IcSP), launched in 2014. The instrument provides funds for conflict prevention, ensuring capacity and preparedness to address pre- and post-crisis situations and peacebuilding. … Continue reading

How the EU budget is spent: European Social Fund

Written by Martin Svášek, The European Social Fund (ESF) was established by the Treaty of Rome in 1957 and is the oldest EU structural fund still in place. Originally designed to improve employment opportunities for workers in the internal market, the fund aims at raising living standards. For the current 2014-2020 programming period, Regulation (EU) … Continue reading

How the EU budget is spent: Justice Programme (2014-2020)

Written by Rafał Mańko, EU law is applied on a daily basis by national judges in the Member States, who rely on assistance from the EU Court of Justice only in the most complicated cases. Judges otherwise interpret and apply EU law on their own. In the European area of freedom, security and justice, national … Continue reading

Economic and budgetary outlook for the European Union 2017

Written by Alessandro D’Alfonso, Angelos Delivorias, Magdalena Sapała and Andrej Stuchlik , This study presents the 2017 economic and budgetary outlook for the European Union, explores the most recent developments in EU budgetary negotiations, and focuses on the investment gap in the EU, as a major economic challenge for the Union. In 2016, the EU … Continue reading

Download the EPRS App

EPRS App on Google Play
EPRS App on App Store
EU Legislation in Progress
Topical Digests
EPRS Podcasts

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 2,469 other followers

Disclaimer and Copyright statement

The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. Copyright © European Union, 2014. All rights reserved