age, retail financial markets in the EU are heavily fragmented and the consumers pay a large price for this fragmentation …. This also weakens the growth perspective of EU and its international role. Explanations originate both from natural and …

This study develops a reform proposal for the future revenue system of the EU budget. The findings strongly reject the … idea that a reform based on an EU tax-based own resource would remedy current problems. Against the background of the … element of the reform proposal is a move towards a stronger financial contribution of regions to EU spending. …