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Understanding the EU Budget (Paperback)
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Understanding the EU Budget (Paperback)
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The Budget of the European Union - the "Common Market" which
Britain joined in 1973 - will soon be back in the news. Decisions
are to be taken later this year on how much the EU will be able to
spend between 2014 and 2020, and how much British taxpayers will
have to contribute.The EU's Budget currently totals over 140
billion or about 117 billion a year. But is an EU budget necessary?
How large should it be? How is it decided and funded? And is it
under proper control? These are some of the questions which
Understanding the EU Budget seeks to answer.Even when decisions are
not pending on the long-term, the EU's annual budgets are a
perennially contentious issue. The UK is the second largest
contributor; and at a time when national belts are being tightened,
it is not surprising that the UK is not alone in calling for a
freeze on EU spending. Yet some EU expenditure is essential -
contrary to popular belief the size of the so-called "Brussels
bureaucracy" is comparatively tiny. In addition, much EU spending
genuinely adds value: more can be achieved when countries pool
resources than when they go it alone. Whether the current pattern
of spending - 40% on agriculture, for example - is the right one to
stimulate Europe's lagging economies is, of course, another
matter.Written by former Member of the European Parliament, and of
its Budgetary Control Committee, Ben Patterson, 'Understanding the
EU Budget' explores the historical background, including the Court
of Auditors' reports on mismanagement by the Commission which led
to the latter's resignation en bloc in 1999. It clarifies the
opaqueness of the Budget's structure and of the procedures leading
to its adoption, and explains the implications for the 2011 Budget
and the likely future shape of those to come.
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