Since the global financial crisis of 2008 European authorities have set out to strengthen financial governance in order to create a more stable and resilient financial system. As discussed in this paper, the new and updated EU legislation addressed at a wide array of financial markets and...

We examine the determinants of the EU budget expenditures allocation among different countries. In line with earlier literature, we consider two alternative explanations for the EU budget distribution: political power vs. needs view. Extending the original data set from Kauppi and Widgrén...

In the face of an unprecedented economic recession caused by the Covid-19 pandemic, the EU has set up the biggest stimulus in its history - a 750-billion-euro fund called "Next Generation EU" - to support economic recovery. This initiative is ground-breaking as it includes grants and loan...

Die Europäische Union finanziert ihren Haushalt zum größten Teil aus Beiträgen der Mitgliedstaaten. Da über die Ausgaben des EU-Haushalts wiederum umfangreiche Zahlungen in den Mitgliedstaaten getätigt werden, ergeben sich für die einzelnen Länder Nettopositionen gegenüber dem...