Structure and Evolution of EU Budget Revenue

• Main Authors: Nicoleta Mihaela Florea, Mirela Ganea, Stelian Selişteanu
• Format: Article
• Language: English
• Published: Universitaria Publishing House 2013-11-01
• Series: Finanţe: Provocările viitorului
• Subjects: traditional own resources; the VAT-based own resources and the GNI-based resources
• Online Access: http://www.financejournal.ro/fisiere/revista/181130821721_N_Florea_M_Ganea_en.pdf

Although small size, representing only 1% of EU wealth, its budget is an important tool for achieving the objectives of integration. Basically, in one form or another, every EU citizen benefits from the EU budget at the local, national and European level: food and safer toys, new roads and better quality of security at EU borders. These are just a few examples of areas where the EU budget plays a decisive role. To fulfil its objectives, the European Union has traditional own resources, the VAT - based own resources and the GNI- based resources.