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Alexander Krenek, Margit Schratzenstaller
Tax-based Own Resources to Finance the EU Budget
in: Forum
Intereconomics – Review of European Economic Policy, 2019, (3), S.171-177, https://rdcu.be/bFkvp
In the current negotiations about the European Union's next medium-term Multiannual Financial Framework (MFF) for the period 2021 to 2027, the system of own resources financing EU expenditures plays a relatively important role. Currently, the EU budget primarily rests on contributions from Member States (VAT- and GNI-based own resources), whereas "true" own resources have continuously lost importance. In 2017, VAT-based own resources accounted for 12.2 percent of overall EU revenues and GNI-based own resources for 56.6 percent, while traditional own resources contributed the rather small share of 14.7 percent.
Forschungsbereich:Makroökonomie und europäische Wirtschaftspolitik
Sprache:Englisch