Der europäische Integrationsprozess wird gleich von mehreren Krisen erschüttert - der Euro-Schuldenkrise, der Flüchtlingsfrage und dem Brexit-Konflikt - , was eine umfassende Reform-Debatte ausgelöst hat. Bei dieser Debatte geht es sowohl um die Entwicklung der Institutionen der...

Cohesion Policy (CP) has been a central economic policy tool of the EU for several decades. In the current context of fundamental challenges facing the EU, and ahead of the next seven-year budgetary cycle, Europe has the opportunity to rethink and reform the EU budget and CP in particular. This...

Die neue Bundesregierung steht in der kommenden Legislaturperiode vor großen wirtschaftspolitischen Herausforderungen. Zwar war die deutsche Wirtschaftsentwicklung in den letzten Jahren überraschend positiv. Hervorzuheben sind vor allem die starke Zunahme der Beschäftigung und die schnelle...

The current system for the financing of the EU needs to be reformed. This paper puts forth a reform proposal with two important elements: first, the addition of an EU VAT share on receipts; and second, a shift in power from the European Council to the European Parliament with regard to the...

In this paper we propose a reform of the EU financing system. The two most important elements of our proposal are i) to make the contribution of taxpayers to the EU budget more visible by showing an EU VAT share on receipts and ii) to increase the power of the European Parliament in the...

The further development of the European Community that has been decided at the Maastricht summit will be impossible to realize without a significant increase in the EC budget and an adjustment to the financing system. What will be the additional financing requirement? How could the Community's...

There are at least two reasons why sustainability of public debt is an issue of increasing importance. First, public choice considerations show the danger of excessive use of deficit finance in a democracy. Second, the conditions of a European Monetary Union imply further incentives for deficit...

In June 1988 the Council, the European Parliament and the Commission concluded an “Interinstitutional Agreement on Budgetary Discipline and Improvement of the Budgetary Procedure”. A key element of the agreement is a commitment to medium-term financial planning for the Community for the...

In a speech to the European Parliament on 18th February 1987 the Commission President Delors publicly announced the Commission's proposals for a fundamental reorganization of the system of financing the Community and of Community budgetary policy. What is the background of these proposals? How...