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Future Financing of the European Union

Future Financing of the European Union PDF Author: Great Britain. Parliament. House of Lords. European Union Committee
Publisher: The Stationery Office
ISBN: 9780104006290
Category : Budget
Languages : en
Pages : 318

Book Description
Negotiations are underway to agree the details of the European Union budget for the period of 2007 to 2013 (known as the Financial Perspective), covering the newly enlarged EU of 25 member states. Further enlargement is likely, with Bulgaria and Romania due to join in 2007 and the possible accession of Croatia and Turkey being considered. The Committee's report considers a range of issues in relation to the current budget debate, including the merits of the Commission's proposals within the framework of recent and future EU enlargement; the Common Agricultural Policy; Structural and Cohesion Funds; the Lisbon Agenda; other spending categories; the functioning of the 'Own Resources' and a EU tax; UK abatement and the Commission's proposal for a Generalised Corrective Mechanism. Conclusions reached include support for the UK Government's insistence that the UK rebate is non-negotiable, given the inadequate reforms of the CAP; however, if real reform of the budget was offered, then the UK Government should be prepared to negotiate. Structural funds should be focused on the 10 new member states, as well as the two applicant countries of Romania and Bulgaria, with the phasing out of EU regional development funds for all 'old' member states with the exception of Greece and Portugal.

Future Financing of the European Union

Future Financing of the European Union PDF Author: Great Britain. Parliament. House of Lords. European Union Committee
Publisher: The Stationery Office
ISBN: 9780104006290
Category : Budget
Languages : en
Pages : 318

Book Description
Negotiations are underway to agree the details of the European Union budget for the period of 2007 to 2013 (known as the Financial Perspective), covering the newly enlarged EU of 25 member states. Further enlargement is likely, with Bulgaria and Romania due to join in 2007 and the possible accession of Croatia and Turkey being considered. The Committee's report considers a range of issues in relation to the current budget debate, including the merits of the Commission's proposals within the framework of recent and future EU enlargement; the Common Agricultural Policy; Structural and Cohesion Funds; the Lisbon Agenda; other spending categories; the functioning of the 'Own Resources' and a EU tax; UK abatement and the Commission's proposal for a Generalised Corrective Mechanism. Conclusions reached include support for the UK Government's insistence that the UK rebate is non-negotiable, given the inadequate reforms of the CAP; however, if real reform of the budget was offered, then the UK Government should be prepared to negotiate. Structural funds should be focused on the 10 new member states, as well as the two applicant countries of Romania and Bulgaria, with the phasing out of EU regional development funds for all 'old' member states with the exception of Greece and Portugal.

Future Financing of the EU

Future Financing of the EU PDF Author: European Commission. High Level Group on Own Resources
Publisher:
ISBN: 9789279665073
Category :
Languages : en
Pages : 101

Book Description
The High Level Group on Own Resources (HLGOR) hereby submits its final report and recommendations concerning the future financing of the European Union, as mandated in December 2013 by the European Parliament, the Council and the Commission. The Group was created in the aftermath of the previous negotiations on the multiannual financial framework, at the specific request of the European Parliament, in order to examine once again the EU financing system and see whether and how a reform could finally find support among all Member States after decades of failed attempts.

Future Financing of the Eu

Future Financing of the Eu PDF Author: Great Britain. Parliament. House of Lords. Select Committee on the European Communities
Publisher:
ISBN: 9780104036990
Category : European Union
Languages : en
Pages : 66

Book Description


Reform Options for the EU Own Resources System

Reform Options for the EU Own Resources System PDF Author: Friedrich Heinemann
Publisher: Springer Science & Business Media
ISBN: 3790820660
Category : Business & Economics
Languages : en
Pages : 180

Book Description
The general review of the European Union’s budget scheduled for the years 2008 and 2009 offers a unique opportunity for reflections. Explicitly this review is “without taboos” so that also substantive changes can and should be debated. Without doubt much better budgetary systems can be imagined compared to the status quo of the EU budget which is the outcome of a path-dependent process and where many details are only understandable by taking account of the historical context of past decisions. However, even if much better systems could be designed in theory, each reform suggestion, in the end, must pass the reality check of fi- ing unanimous support from all 27 member countries. This restriction heavily l- its the universe of available reform options. Faced with that difficulty the ZEW project team embarked on the adventure to think about possible reform options for the future EU own resource system. This volume documents the conclusions. At first sight our reform suggestion may - pear to be of a rather piecemeal nature since we recommend a reform model with strong ties to the status quo. Nevertheless, we are convinced that our seemingly minor changes will set the budget on a path towards a more rational European budget which, in the end, will create leeway for financing European policies with a true European value added. We gratefully acknowledge financial support from the German Federal Min- try of Finance in conducting this study.

The Future of Europe

The Future of Europe PDF Author: Michael Kaeding
Publisher: Springer
ISBN: 331993046X
Category : Political Science
Languages : en
Pages : 133

Book Description
With a Foreword by the President of the European Parliament, Antonio Tajani. This book sheds light on the political dynamics within the EU member states and contributes to the discussions about Europe. Authors from all member states as well as Iceland, Norway, Switzerland and Turkey assess how their country could get more involved in the European debate, taking the reader on a journey through various political landscapes and different views. The chapters cover issues ranging from a perceived lack of ambition at the periphery to a careful balancing act between diverse standpoints at the geographical centre. Yet, discussions share common features such as the anxiety regarding national sovereignty, the migration and border discourse, security concerns as well as the obvious need to regain trust and create policies that work. The book contributes vigorously to the debate about Europe in all capitals and every corner of the continent, because this is where its future will be decided.

EU Budget for the Future

EU Budget for the Future PDF Author:
Publisher:
ISBN: 9789276113324
Category :
Languages : en
Pages :

Book Description
The financing of the next multiannual financial framework must be reformed and modernised. Europe needs a less complex, more transparent and fairer system that is better aligned with the EU's policy objectives. The Commission has proposed alternative sources of revenue - for example revenue from the emissions trading system, or the contributions based on non-recycled plastic. These are directly linked to the EU's policy priorities and will make it possible to reduce the national contributions based on gross national income (GNI) - the primary source of revenue for the EU budget.

Financial Regulation in the EU

Financial Regulation in the EU PDF Author: Raphaël Douady
Publisher: Springer
ISBN: 3319442872
Category : Business & Economics
Languages : en
Pages : 484

Book Description
Financial regulation has dramatically evolved and strengthened since the crisis on both sides of the Atlantic, with enhanced international coordination through the G-20 and the Financial Stability Board and, at the regional level, a definite contribution from the European Union. However the new regulatory environment has its critics, with many divergent voices arguing that over-regulation has become a root cause of our current economic stagnation. This book provides a bigger picture view of the impact and future of financial regulation in the EU, exploring the relationship between microeconomic incentives and macroeconomic growth, regulation and financial integration, and the changes required in economic policy to further European integration. Bringing together contributions from law, economics and management science, it offers readers an accessible but rigorous understanding of the current state of play of the regulatory environment, and on the future challenges. Coverage will include: • A review of the recent regulatory changes from a legal and economic perspective • Analysis of how the economic model of financial institutions and entities is impacted by the new frameworks • How to improve securitization and new instruments under MIFID II • Issues in the enhanced supervision under delegated acts for AIFMD, CRR-CRD IV and Solvency II • How long term funding can be supplied in lieu of the non-conventional monetary policies • A new architecture for a safer and more efficient European financial system Financial Regulation in the EU provides much needed clarity on the impact of new financial regulation and the future of the economy, and will prove a must have reference for all those working in, researching and affected by these changes.

The Transformation of the European Financial System

The Transformation of the European Financial System PDF Author: Vitor Gaspar
Publisher:
ISBN: 9789291813483
Category : Banks and banking
Languages : en
Pages : 334

Book Description


The Future of EU-finances

The Future of EU-finances PDF Author: Thiess Büttner
Publisher:
ISBN: 9783161546563
Category : Budget
Languages : en
Pages : 0

Book Description
This book brings together different perspectives on the current system of funding the European Union and possible options for the future. Important new political challenges, such as the EU's policies towards international conflicts and the refugee crisis, indicate that there is much potential for a stronger role of the EU. Reforming the revenue system may be an important step to ensure that the EU is able to meet these demands. However, it must not be overlooked that there are also important political differences between member states. From this perspective, a revenue reform that is just another step towards creating an ever closer union may not be suited to overcome these challenges. The volume presents a collection of selected papers from distinguished scholars in economics and law that discuss the options for a reform. Contributors: Massimo Bordignon, Thiess Buettner, Friedrich Heinemann, Kai Konrad, Christos Kotsogiannis, Vilen Lipatov, Simona Scabrosetti, Michael Thone, Christian Waldhoff, Alfons Weichenrieder.

EU Fiscal Federalism

EU Fiscal Federalism PDF Author: Alicia Hinarejos
Publisher: Oxford University Press
ISBN: 0198833288
Category : Law
Languages : en
Pages : 321

Book Description
Fiscal federalism refers to the division of fiscal powers -- powers to tax and spend -- between different levels of government. The European Union (EU) is often seen as a legislative giant on clay feet, and one of the principal reasons for this feebleness is the lack of a significant fiscal capacity at the Union level. EU Fiscal Federalism: Past, Present, Future explores ten aspects of the EU's fiscal constitution relating both to the fiscal limits it imposes on Member States and the evolution of its own fiscal policy. Bringing together an international and distinguished group of scholars, this volume analyses the different legal dimensions of fiscal federalism within the EU, from the various aspects of the single market (free movement, banking union, state aid, tax harmonisation) to the EU's budget and Economic and Monetary Union. The essays provide a fascinating overview of the topic as well as a detailed analysis of where EU fiscal federalism stands today and how it might develop in the future. Sweeping and thorough, EU Fiscal Federalism addresses topics vital to maintaining and strengthening the Union's fiscal capabilities. It will appeal to academics and students of European Union law and political economy as well as European policymakers.