This study, commissioned by the European Commission on behalf of the High-Level Group on Own Resources (HLGOR), places the EU budget in a modern context. It is divided into five parts. Part I outlines the present status, what has changed in recent last years and the need for a budget to enable the EU to face its present difficulties. Part II looks at the challenges and opportunities for reforming the budget from a political and legal perspective. Part III goes into detail about the potential elements of a reform, from an assessment of new resources to reforms connected with expenditure-side improvements. Part IV presents a set of possible package deals and discusses their merit. And the final Part V discusses wider issues concerning the role of the EU budget in relation with the eurozone and additional considerations, such as the duration of the MFF.
Jorge Núñez Ferrer, Associate Research Fellow, CEPS
Jacques Le Cacheux, Professor of Economics, CATT/UPPA (Université de Pau et des Pays de l’Adour), and Scientific Adviser , OFCE/Sciences Po
Giacomo Benedetto, Senior Lecturer in Politics and Policy at Royal Holloway, University of London
Mathieu Saunier, Manager, Deloitte Eu Finance Transformation Centre of Excellence
With contributions from
Fabien Candau, Assistant Professor in Economics, CATT/UPPA
Claude Emonnot, Assistant Professor in Economics, CATT/UPPA
Florence Lachet-Touya, Assistant Professor in Economics, CATT/UPPA
Jorgen Mortensen, Senior Research Fellow, CEPS
Aymeric Potteau, Professeur des universites en droit public, Lille, Nord-Pas-de-Calais, France
Igor Taranic, Research Assistant, CEPS
The study is available for free downloading on the European Commission’s website.