The EU budget is facing numerous long-term challenges, which are not adequately addressed, neither on the expenditure nor
on the revenue side. Regardless of the future EU integration scenario, a fundamental overhaul of the Multiannual Financial
Framework is required. EU expenditure should provide more European added value. Tax-based own resources partially replacing
current own resources have the potential to reduce sustainability gaps within member countries' tax regimes as well as to
alleviate the juste retour problem.
JEL-Codes:H23, H41, H87
Keywords:EU Budget, Multiannual Financial Framework, Own Resources, EU expenditures
Forschungsbereich:Makroökonomie und öffentliche Finanzen