Download or read book Economic and Budgetary Outlook for the European Union 2018 written by Alessandro D'Alfonso and published by . This book was released on 2018 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provides an overview of the economic and budgetary outlook for the European Union (EU) in 2018 and beyond. It summarises the main economic indicators in the EU and euro area, and their two-year trends. Economic projections point to robust growth, easing in the future, and falling unemployment. Risks are broadly balanced, but both internal and external challenges persist and may weaken economic recovery. A special 'economic focus' aims to provide a bird's eye view of industry and industrial policy in Europe, and provides an overview of various recent EU-level initiatives. Industry, which is particularly important for generating growth and which provides one in five jobs in the EU, is on a positive path with growing value added, output and employment. The study also explains the annual EU Budget, provides an overview of its main headings for 2018, and sets out the wider budgetary framework - the Multiannual Financial Framework (MFF) - currently covering the years 2014 to 2020. Amounting to €160.1 billion, the 2018 EU Budget focuses on priorities such as promoting sustainable growth, creating employment, especially for young people, and addressing migration and security challenges. While representing only some 1 % of the area's gross national income, the EU Budget has features that increase its overall impact, including the significant share of resources devoted to investment. The debate on the future of the EU Budget, which gained momentum in 2017, should lead to proposals for a post-2020 MFF and reform of the EU ́s financing system, which the European Commission is expected to table in May 2018.
Download or read book Economic and Budgetary Outlook for the European Union 2019 written by Alessandro D'Alfonso and published by . This book was released on 2019 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. The figures show that growth was moderate in 2018, at 2.1 %, although this is expected to deteriorate slightly in the coming months, given the poorer global outlook than a year ago. That said, unemployment is at a post-crisis low, and is expected to improve further, given positive labour market conditions. The study explains the annual EU budget, providing an overview of its headings for 2019, with the total amounting to €165.8 billion (or around 1 % of EU gross national income). The budget focuses on priorities that include stimulating investment, growth and research, the creation of new jobs – especially for young people – and addressing migration and security challenges. The wider budgetary framework – the multiannual financial framework (MFF) – is also analysed in the study, with key decisions on spending for the 2021-2027 period due to be taken during 2019. In this year's edition, the special 'economic focus' offers a bird's eye view of SMEs and SME policy in Europe, and of various recent EU-level initiatives in this field. The EU budget devotes particular attention to SMEs, given their central role in the European economy and in job creation. The EU needs to continue devoting efforts to improving European SMEs' access to finance, since despite recent improvements, they are still too heavily reliant on debt financing which puts them at risk in a downturn.
Download or read book Economic and Budgetary Outlook for the European Union 2023 written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering an overview of the economic and budgetary situation in the European Union and beyond, and summarising the main economic indicators in the EU and euro area and their two-year trends, this study is the seventh in an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS). In seven chapters, the authors of the publication explain and analyse the annual EU budget and give an overview of its headings for 2023, all within the wider budgetary context of the EU's post-2020 multiannual financial framework and the Next Generation EU recovery instrument. This year's special 'economic focus' puts the spotlight on the EU's economic governance framework and its forthcoming revision, looking first at the current framework and then at the European Commission's proposal for its revision, and in particular, at how this framework could support greater investment levels across the EU.
Download or read book OECD Economic Surveys European Union 2018 written by OECD and published by OECD Publishing. This book was released on 2018-06-19 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: After years of crisis, the European economy is expanding robustly, and GDP growth is projected to remain strong in 2018 and 2019. With an expansion underway, attention needs to shift to Europe’s long-term challenges. Wellbeing disparities, the UK vote to exit the European Union, low potential ...
Download or read book Economic and Budgetary Outlook for the European Union 2020 written by Alessandro D'Alfonso and published by . This book was released on 2020 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study, the fourth 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 EU and euro area and their two-year trends. It explains the annual EU budget, provides an overview of its headings for 2020, and sets out the wider budgetary framework – the multiannual financial framework (MFF) – and its possible evolution in the new decade. A special 'economic focus' puts the spotlight on the international role of the euro, and on various recent EU-level initiatives in this field.
Download or read book Economic and Budgetary Outlook for the European Union 2021 written by Alessandro D'Alfonso and published by . This book was released on 2021 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study, the fifth in an annual series, provides an overview of the economic and budgetary situation in the EU and beyond, and summarises the main economic indicators in the EU and euro area and their two-year trends. It also explains the annual EU budget, provides an overview of its headings for 2021, and sets out the wider budgetary framework – the post-2020 multiannual financial framework (MFF) and the Next Generation EU recovery instrument. This year's special 'economic focus' puts the spotlight on EU social and employment policies in the context of the coronavirus outbreak.
Download or read book Economic and Budgetary Outlook for the European Union 2022 written by and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering an overview of the economic and budgetary situation in the EU and beyond, and summarising the main economic indicators in the EU and euro area and their two-year trends, this study is the sixth in an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS). In seven chapters, the authors of the publication explain and analyse the EU annual budget and give an overview of its headings for 2022, all within the wider budgetary context of the EU's post-2020 Multiannual Financial Framework (MFF) and the Next Generation EU (NGEU) recovery fund. This year's special 'economic focus' puts the spotlight on some aspects of the ongoing economic recovery- namely, fiscal and monetary matters, labour issues and environmental choices - and aims to give a flavour of the discussion expected in the coming months.
Download or read book European Union Budget Reform written by G. Benedetto and published by Springer. This book was released on 2012-10-10 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: A tension between (richer) contributing Member States and (poorer) recipient Member States has always characterised the history of the budget of the European Union, the politics of which has often turned fraught. This volume evaluates the prospects for major change to expenditure and the structure of the budget for the period starting in 2014.
Download or read book The new European Budgetary Order written by Robin Degron and published by Bruylant. This book was released on 2018-09-28 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Sovereign debt crisis pushed the EU to take a new step to the common financial rules. After some years of ‘soft budgetary carefreeness’, the European Budgetary Treaty boosted the movement of budgetary convergence in the EU. The ‘Six Pack’ and the ‘Two Pack’ consolidated the effectiveness of a new European budgetary order founded by the Maastricht Treaty and the Stability and Growth Pact. Even if mechanisms adopted by the Member States are formally different in law, conditions of European budgetary orthodoxy have been definitively hardened. This new rigor has a great impact on all the public administrations, as defined by the European Accounts System and Eurostat. The EU is a key-player of the budgetary game. This great power makes the EU accountable to the general economic situation within Europe and amongst all Member States. Budgetary regulation must be conciliated with preservation of some investment means to develop potential growth on the continent. ‘Giant in law’, the EU has to be responsible from an economic point of view. The problem is that, from a budgetary standpoint, the EU remains a ‘dwarf’. The European general budget is about 1% of the EU gross national income. The budgetary power of the EU is less than one twentieth of the USA federal financial power. Balance between ‘budgetary dwarf ’ and ‘giant in law’ is characteristic of ‘adolescence’ of the EU finances. Natural consequence of this situation, the EU capacities for redistributing and stabilization are still relatively limited. To overtake this powerlessness, the EU has used no budgetary tools by appealing to the European Investment Bank and the European Investment Fund. However, the ability of the EU to support public investment is not sufficient today to promote an authentic economic relaunching policy and to support the global competition, especially with the USA and China. With a ‘powerful brake’ and a ‘poor accelerator’, the risk is the European public investments continue to stand by. This is the investment paradox of the European budgetary order. Will the next negotiation on the multiyear financial framework post 2020 be able to change the point ? It is not sure, especially in the Brexit context. Negotiating an European financial agenda is always long and difficult. But, the exit of the United Kingdom could makes the game more disputed than ever. A thing is clear : beyond the technical and financial sizes of the new roadmap proposals established by the Commission, the democratic control of the European Parliament is still limited. The EU budgetary framework and timetable are too inert, not enough reactive, far from European citizens actually. In the historical moments we live, it is certainly a strategic mistake to not involve much more citizens and their representatives in the crucial negotiation on the long-term finances of the EU. This is the technocratic risk of the new European budgetary order.
Download or read book Government Expenditure and Economic Growth in the EU written by Alfonso Arpaia and published by . This book was released on 2008 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1. Introduction - 2. Empirical strategy and data - 3. Panel unit root tests and cointegration analysis - 4. Heterogeneous panel ECM estimation - 5. Robustness analysis - 6. Implications for policy - 7. Concluding remarks.
Download or read book The New Politics of the European Union Budget written by Stefan Becker and published by Nomos Verlagsgesellschaft. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: After over a decade of relative stability, recent years have seen new momentum in EU budget politics. The Treaty of Lisbon introduced the broadest reform of budgetary procedures since the 1970s, while the financial and economic crisis has intensified scepticism towards European integration among citizens and decision-makers. As a result, the EU budget has become more controversial, more flexible and more fragmented. This volume brings together contributions from scholars and practitioners that address empirical and theoretical questions surrounding the new politics of the EU budget.
Download or read book Features and Challenges of the EU Budget written by Luca Zamparini and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the inception of the European Economic Community, the EU budget has been one of the most contested and important issues. The evolution of its structure and composition has also reflected the overall development of the EU. From a multidisciplinary approach, this book examines the current features and challenges of the EU budget. It provides historical, political, legal, and economic analyses, alongside a discussion of its future development. The book will prove timely and relevant for scholars, practitioners and policy makers alike.
Download or read book EU Budget 2018 written by and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Europeans and the EU Budget written by and published by . This book was released on 2018 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Standard Eurobarometer 89 survey was conducted between 13 and 28 March 2018 in 34 countries or territories: the 28 Member States of the European Union (EU), five candidate countries (the former Yugoslav Republic of Macedonia, Turkey, Montenegro, Serbia and Albania), and the Turkish Cypriot Community in the part of the country not controlled by the government of the Republic of Cyprus. This edition of the Standard Eurobarometer report of spring 2018 (EB89) studies public opinion in the European Union on the European Union budget, a subject that was approached through the following questions: Increasing the European Union budget: according to Europeans, should the EU receive more funding in light of its political aims? The areas covered by the EU budget: in which areas do Europeans think the EU uses the main part of its budget? Which areas they would like the EU to use its budget in? Are there differences between their perceptions and their expectations concerning the use of the EU budget? The full Standard Eurobarometer 89 survey report consists of several volumes. The first volume presents the state of general opinion in the European Union (EU), as well opinion on economic matters in the EU. Four other volumes present the views of Europeans on the following subjects: the European Union’s priorities, European citizenship, the European Union budget, and Europeans and the future of Europe and. This volume is devoted to the European Union budget. The methodology used is that of the Standard Eurobarometer surveys of the Directorate-General for Communication (“Media monitoring, media analysis and Eurobarometer” Unit) . The same methodology was used in all countries and territories covered by the survey. A technical note describing how the institutes within the TNS opinion and social network conduct interviews is included in the report annexes. This note also specifies the confidence intervals, which enable us to assess the accuracy of a survey’s results according to the size of the sample polled in relation to the total size of the population studied.
Download or read book European Economic Forecast written by and published by . This book was released on 2018 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth rates for the EU and the euro area beat expectations in 2017 to reach a 10-year high at 2.4%. Growth is set to remain strong in 2018 and ease only slightly in 2019, with growth of 2.3% and 2.0% respectively in both the EU and the euro area.
Download or read book EU Budget for the Future written by and published by . This book was released on 2018 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: A stable euro area is the precondition for jobs, growth, investment and social fairness in our Union. Under the Treaties, the euro is the single currency of the European Union, and economic convergence and stability are objectives of the Union as a whole. Following the withdrawal of the UK from the EU, the gross domestic product (GDP) of the euro area will represent more than 85% of the total gross domestic product (GDP) of the EU. This is why the tools to strengthen the Economic and Monetary Union must not be separate but part and parcel of the overall financial architecture of the Union. In December 2017, as part of its roadmap for deepening Europe's Economic and Monetary Union, the Commission set out how new budgetary instruments could be developed within the framework of the EU's public finances to support stability and convergence within the euro area as well as towards it for those committed to joining. These proposals build on the vision of the Five Presidents' Report of June 2015 and on the Commission's Reflection Paper of May 2017, and deliver on the commitments made by President Juncker in his 2017 State of the Union Address. In the new Multiannual Financial Framework, two new instruments are proposed: a Reform Support Programme and a European Investment Stabilisation Function. These new instruments will help to support economic and social convergence and maintain macroeconomic stability by supporting reforms that foster resilience domestically and by helping to maintain investment levels in the event of large asymmetric shocks. They will complement other EU funds, notably the European Structural and Investment Funds and the new InvestEU Fund which builds on the success of the Juncker Plan. The new instruments will also strengthen the link between the EU budget and the European Semester, the framework for economic policy coordination in the EU and euro area.
Download or read book The Finances of the European Union written by Brigid Laffan and published by . This book was released on 1997 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt:
