selection

budget

This tag is associated with 22 posts

Protecting the EU budget against generalised rule of law deficiencies [EU Legislation in Progress]

On 3 May 2018 the Commission put forward a proposal for a regulation on the protection of the Union’s budget in the event of generalised deficiencies as regards the rule of law in a Member State. Continue reading

Instrument for Pre-accession Assistance (IPA III) [EU Legislation in Progress]

On 14 June 2018, the European Commission published a proposal for a regulation establishing the Instrument for Pre-accession Assistance (IPA) III as part of a set of external action instruments under the new 2021 to 2027 multiannual financial framework (MFF). Continue reading

Own resources of the European Union: Reforming the EU’s financing system [EU Legislation in Progress]

The EU budget is financed by the system of own resources and cannot run a deficit. The current system provides sufficient revenue to cover EU expenditure, but has often been criticised as opaque and unfair. Continue reading

2021-2027 multiannual financial framework and new own resources: Analysis of the Commission’s proposal

This in-depth analysis is a follow-up to the EPRS briefing ‘Post-2020 MFF and own resources – Ahead of the Commission’s proposal’, published in April 2018, shortly before the Commission published its proposals for a multiannual financial framework (MFF) for the 2021-2027 period and a new system of own resources. It provides an assessment of some of the proposals’ most important elements, as well as an overview of how they respond to a series of issues raised by the European Parliament. Continue reading

2018 NATO summit: A critical time for European defence

On 11 and 12 July 2018 the NATO Heads of State and Government will meet in Brussels for the 28th NATO summit. The summit comes at a time of tension in transatlantic relations, but also of continuing threats and challenges posed to the alliance. Continue reading

Ten issues to watch in 2017

Written by Etienne Bassot, This is the first edition of a new EPRS publication designed to identify key issues and policy areas that are likely to feature prominently on the agenda of Members of the European Parliament over the coming year. The ten issues raised in this publication include both internal EU policy areas, and … Continue reading

Discharge procedure for the EU budget: Political scrutiny of budget implementation

Written by Alessandro D’Alfonso, The European Commission is ultimately responsible for the execution of the European Union’s budget. However, this involves a range of actors, including Member States, to which the Commission delegates implementing tasks related to a significant share of the budget. Each year, the discharge procedure ensures ex-post democratic oversight at political level … Continue reading

Japan’s national budget: Procedure and the public debt burden

Written by Enrico D’Ambrogio and Matthew Parry, Japan’s budget is compiled by its Ministry of Finance based on estimates from other ministries and guidance from the Cabinet, before being approved by the Diet. In Japan’s parliamentary system, the executive is drawn from the majority in the House of Representatives, the Diet’s lower house, which generally … Continue reading

Making the US federal budget: Process and hazards

Written by Matthew Parry The federal budget makes up roughly half of all public spending in the US, with the rest spent at state and local level. The United States (US) Congress, comprising the House of Representatives and the Senate, is responsible for passing the legislation that constitutes the budget, but the President also plays an important role, … Continue reading

‘Monti’ Group’s first assessment of EU own resources

Written by Alessandro D’Alfonso The ‘own resources’ system, which ensures the financing of EU policies, has advantages such as reliability in providing the necessary resources, but has also attracted a number of criticisms, not least for its complexity and lack of real financial autonomy. The European Parliament (EP), which has little say in the design … Continue reading

Review of the ‘six-pack’ and ‘two-pack’

Written by Angelos Delivorias 6 language versions available in PDF format Überarbeitung des „Sixpack“ und des „Twopack“ Revisión del paquete legislativo de gobernanza económica y del paquete legislativo sobre supervisión presupuestaria Réexamen du “six-pack” et du “two-pack” Riesame del “six-pack” e del “two-pack” Przegląd sześciopaku i dwupaku Review of the ‘six-pack’ and ‘two-pack’ The legislative … Continue reading

December’s plenary session

Written by Conall Devaney The European Parliament’s final 2014 plenary session takes place between 15 and 18 December in Strasbourg. Although legislative business is not yet in full swing as the new Commission finds its feet, the European Parliamentary Research Service has prepared notes for Members on a number of items on the agenda. On … Continue reading

2015 EU budget negotiation

Written by Fabia Jones and Giulio Sabbati The charts in this infographic illustrate the different positions adopted by the Parliament, Council and Commission on the draft 2015 EU budget. Those positions were the starting point for the conciliation talks between Parliament and Council – the two arms of the EU’s budgetary authority – which failed … Continue reading

Annual revision of national contributions to the EU budget

Written by Alessandro D’Alfonso The annual adjustment of the financing of the EU budget is now in the spotlight. In 2013, around three quarters of the total revenue (€149.5 billion) came from a resource linked to the gross national income (GNI) of EU countries. A resource based on value added tax (VAT) provides another 10% … Continue reading

Graphics on Budget

Here you’ll find graphs, charts, tables and maps with statistics on the Budget. To see graphics for other policy areas, go to the Graphics Warehouse. Graphics on the MFF 2021-2027   Graphics on the Budget

Rules on political groups in the EP

Written by Eva-Maria Poptcheva Updated in June 2015 Members of the European Parliament may form political groups; these are not organised by nationality, but by political affiliation. At the start of the current parliamentary term there were seven political groups in the Parliament, as there were throughout the 2009-14 period. The formation of a new, … Continue reading

Own resources of the European Union

6 language versions available in PDF format Eigenmittel der Europäischen Union Los recursos propios de la Unión Europea Ressources propres de l’Union européenne Le Risorse proprie dell’Unione europea Zasoby własne Unii Europejskiej Own resources of the European Union The “own resources system” ensures the financing of EU’s policies. While the European Council of February 2013 … Continue reading

China’s defence budget

For more than a decade, China’s steadily rising military budget has been observed by Western analysts and the governments of neighbouring countries. This Keysource lists the country’s 2012 to 2014 official figures and diverging estimates provided by foreign organisations, international reaction to these figures plus analyses of the possible implications of current developments. Development up … Continue reading

2014-20 Multiannual Financial Framework (MFF)

6 language versions available in PDF format Mehrjähriger Finanzrahmen 2014–2020 (MFR) El Marco Financiero Plurianual (MFP) 2014-2020 Le cadre financier pluriannuel (CFP) 2014-2020 Il quadro finanziario pluriennale (QFP) 2014-2020 Wieloletnie ramy finansowe (WRF) na lata 2014 2020 2014-20 Multiannual Financial Framework (MFF) Setting the maximum allocation of resources for each major category (“heading”) of EU … Continue reading

The “Flexibility Instrument” of the EU budget

If multi-year financial planning includes strict expenditure limits, it can be difficult to deal with unforeseen events or new priorities. In case of need, the EU can resort to its Flexibility Instrument (FI), which has, up to now, been used mainly for external action and competitiveness policies. The maximum annual budget of the FI is … Continue reading

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