In the current negotiations about the European Union’s next medium-term Multiannual Financial Framework (MFF) for the period 2021 to 2027, the system of own resources financing EU expenditures plays a relatively important role.

The following paper addresses the ongoing debate on the questions of the composition and financing of the European Union's common budget. The authors argue in favour of a significant enlargement of the budget, together with a profound reform of its composition and financing.

At its Edinburgh meeting on 11th and 12th December 1992 the European Council came to a number of conclusions regarding the future financing of the Community. The following article examines the implications of the new financial perspective.

The 1992 EC budgetary procedure and its outcome illustrated two things. Firstly, after the relative calm of the past few years, the budget is moving back up the political agenda in the Community. Secondly, it is becoming clearer which issues will figure most prominently in the debate on 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...

The EC's budgetary problems are coming to a head. For 1983 virtually all the Community's resources have been utilized, and there are growing fears that the Community will soon have to declare itself bankrupt unless changes are made to current policy. What should be done to secure the financing...