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The Financing of the European Union Budget

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The Euro and the Crisis

Part of the book series: Financial and Monetary Policy Studies ((FMPS,volume 43))

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Abstract

This article will deal with the working and the impact of the new council decision of 2014 concerning the system of own resources for the European Union (EU). It will analyse the system and compare it with the previous one of 2007. In addition, this article makes several comparisons concerning the effect of these own resources in relation to the member states of the Union. The national cost price of the EU is a very current item in many member states, where there is a discussion going on concerning the future of European integration.

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Notes

  1. 1.

    Matthijs (2014, pp. 9–21, 2015, pp. 458–467), Benedeto and Milio (2012), Cipriani (2014), and European Commission (2014).

  2. 2.

    Council Decision no. 335 of 26 may 2014 on the European Communities’ system of own resources (Official Journal, Series L, no. 168, 7 June 2014).

  3. 3.

    Matthijs (2014, p. 13).

  4. 4.

    Matthijs (2015, p. 462).

  5. 5.

    Ibidem, p. 463.

  6. 6.

    Definitive adoption of the EU budget 2015 by the European Parliament (17th December 2014), in: Official Journal edition: L no. 69, 13 March 2015.

  7. 7.

    H. Matthijs, The budget cost for the member states of the European Free Trade Association., American International Journal of Research in Humanities, Arts and Social Sciences., issue 6, vol. 1, 2014, pp. 11–18.

  8. 8.

    The four EFTA member states are joining the Schengen area.

  9. 9.

    EFTA (2015, p. 10).

References

  • Benedeto G, Milio S (2012) European Union budget reform. Palgrave, London

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  • Cipriani G (2014) Financing the EU budget. Rowman & Littlefield, London

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  • European Commission (2014) European Union public finance, 5th edn. Publications Office of the European Union, Luxembourg

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  • EFTA (2015). EFTA, Brussels, p 10

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  • Matthijs H (2014) Who pays the budget of the European Union. Scott J Arts Soc Sci Sci Stud 18(2):9–21

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  • Matthijs H (2015) De nieuwe financiering van de begroting van de Europese Unie. SEW tijdschrift Europees en economisch recht, nr. 10, oktober 2015, pp 458–467

    Google Scholar 

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Author information

Authors and Affiliations

  1. Vrije Universiteit Brussel, Ixelles, Belgium

    Herman Matthijs

  2. Universiteit Gent University, Ghent, Belgium

    Herman Matthijs

Authors
  1. Herman Matthijs
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Corresponding author

Correspondence to Herman Matthijs .

Editor information

Editors and Affiliations

  1. CIDEEFF - School of Law, University of Lisbon, Alameda da Universidade, Lisbon, Portugal

    Nazaré da Costa Cabral

  2. CIDEEFF - School of Law, University of Lisbon, Alameda da Universidade, Lisbon, Portugal

    José Renato Gonçalves

  3. CIDEEFF - School of Law, University of Lisbon, Alameda da Universidade, Lisbon, Portugal

    Nuno Cunha Rodrigues

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Matthijs, H. (2017). The Financing of the European Union Budget. In: da Costa Cabral, N., Gonçalves, J., Cunha Rodrigues, N. (eds) The Euro and the Crisis. Financial and Monetary Policy Studies, vol 43. Springer, Cham. https://doi.org/10.1007/978-3-319-45710-9_19

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