What are the effects of the EU budget: Driving force or drop in the ocean?
The study presents an overview of the impact of the main investment tools of the EU budget. The focus is on the increasing role of the financial instruments, which are fundamentally changing the budget’s nature and reach. Through these instruments, the EU can invest more efficiently in more areas and mobilise a multiple of funds. The EU budget has the potential to influence the European economy much more than its modest size in terms of GDP may suggest.
Jorge Núñez Ferrer is Associate Research Fellow at CEPS and Moni Katarivas is an independent consultant. This report was originally commissioned by the European Parliament’s Committee on Budgetary Affairs. It is republished byCEPS as a Special Report with the kind permission of the European Parliament.