European Parliamentary Research Service Blog
EU budget
How the EU budget is spent: EU cooperation with Greenland
Having been a part of the European Community since 1973 through Denmark’s membership, Greenland withdrew from the European Community in 1985 after the island secured home rule from Denmark. Since then, Greenland has been associated with the European Union as an Overseas Country and Territory (OCT). Continue reading
How the EU budget is spent: Spending programmes under the 2014-2020 Multiannual Financial Framework
The EU budget corresponds to around 2 % of total public spending in the European Union, and its impact on the economy is debated, with many analysts deeming it relatively small in size in comparison with the wide range of policy areas in which the EU has responsibilities. However, the EU budget has features that can amplify its impact, starting with the underpinning idea that pooling resources at EU level can be more efficient and effective in a number of policy areas than individual expenditure by Member States. Continue reading
How the EU budget is spent: Fight against fraud: Pericles 2020, Hercule III and AFIS
Member States share an obligation with the EU to protect the Union’s financial interests and to counter fraud, corruption and any other illegal activities affecting them under Article 325 of the Treaty on the Functioning of the European Union (TFEU), on which the EU anti-fraud programme is based. Continue reading
How the EU budget is spent: European Fund for Strategic Investments (EFSI)
An investment gap in the European Union (EU) persisting several years after the financial and economic crisis is one of the various challenges confronting the EU’s multiannual financial framework (MFF) for the years 2014 to 2020 since its beginning. Continue reading
How the EU budget is spent: Euratom research and training programme
All EU Member States are party to the Treaty establishing the European Atomic Energy Community (Euratom). The purpose of the Community is to create the necessary conditions for the development of a powerful European nuclear industry. Continue reading
EU policies – Delivering for citizens: Future financing of EU policies [Policy Podcast]
The principle of subsidiarity means that the European Union (EU) should act where it can do so more effectively than its constituent Member States individually, and this also holds true in the area of public finance – the EU’s budget together with off-budget tools for financing EU policies. Continue reading
Plenary round-up – Strasbourg, March I 2019
Highlights of the March I plenary session included debates on Brexit, preparation of the European Council meeting of 21-22 March 2019, and the latest debate on the Future of Europe, with Peter Pellegrini, Slovakia’s Prime Minister. Continue reading
EU policies – Delivering for citizens: The fight against tax fraud [Policy Podcast]
Tax policy, and the fight against tax fraud, have gained particular exposure over the five past years as a result of the light shed by repeated tax leaks and the related journalistic investigations. Continue reading
Nuclear Safety outside the EU: Proposal for a new Council regulation [EU Legislation in Progress]
In the context of the Commission’s proposal for a multiannual financial framework (MFF) for the 2021-2027 period, the Commission published a proposal for a Council regulation establishing a European instrument for nuclear safety complementing the neighbourhood, development and international cooperation instrument on the basis of the Euratom Treaty on 14 June 2018. Continue reading
The InvestEU programme: Continuing EFSI in the next MFF [EU Legislation in Progress]
Since its launch in November 2014, the Investment Plan for Europe (IPE) has had considerable success in mobilising private investment across Europe. Despite its success, investment levels in Europe remain below pre-crisis levels. Continue reading
EU anti-fraud programme 2021-2027 [EU Legislation in Progress]
proposal for a regulation establishing an EU anti-fraud programme under the new 2021 to 2027 multiannual financial framework (MFF). Continue reading
EU policies – Delivering for citizens: Protecting European consumers [Policy Podcast]
Consumer protection rules have been improving the rights of consumers in the European Union since the 1970s. Continue reading
The EU’s long-term budget framework [What Think Tanks are thinking]
Since May 2018, European Union governments and the European Parliament are negotiating the next long-term budget for the bloc, the Multi-annual Financial Framework (MFF) for 2021-2027, in a bid to secure sufficient resourses for new priorities such as security, defence and migrationm and to respond in a realistic way to the financial consequences of the the UK withdrwal from the EU. Continue reading
Economic and Budgetary Outlook for the European Union 2019
This EPRS study, the third in an annual series, provides an overview of the economic and budgetary situation in the EU and beyond. It summarises the main economic indicators in the Union and euro area, and their two-year trends. Continue reading
European Parliament Plenary Session, December 2018
The agenda for the final European Parliament plenary session of 2018 includes Council and Commission statements on the preparation of the last European Council meeting of the year, scheduled for 13-14 December 2018, a debate with the President of the Republic of Cyprus, Nicos Anastasiades, on the Future of Europe, and important interventions on human rights. Continue reading
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
Plenary round-up – Strasbourg, November I 2018
The highlights of the November I plenary session were the debate on the future of Europe with Angela Merkel, Chancellor of Germany, as well as the debate and vote on the interim report on the Multiannual Financial Framework 2021-2027. Continue reading
Horizon Europe – Specific programme: Implementing the framework programme [EU Legislation in Progress]
In June 2018, the European Commission proposed a total budget allocation of €100 billion to finance science, research and innovation projects during the 2021-2027 period, of which the vast majority, €94.1 billion in current prices, would be allocated to the Horizon Europe framework programme. 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
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