The budget of the European Union for the year of 2001
Résumé de la fiche
The annual budget of the European Untion ensures that the funding of the Community activities and operations is authorized and the resources are allocated according to current policies and priorities. In 1970, the Community budget amounted to 3.6 billion Euros and a large amount was mainly dedicated to the common agricultural policy. For the year 2001, the estimated budget for the EU activities was estimated to be 97 billion Euros, which aimed at improving sectors like agriculture, education and regional development of the member nations.
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Sommaire de la fiche
Introduction
Classification of the budget under various heads
Financial framework between 2000 and 2006
Drawing up the annual budget
Amsterdam Treaty (articles 268 to 280)
The EU sources of budget revenue
Current policies and priorities
Budget of the EU for the year 2001
Priorities
Agriculture
Structural actions
Internal policies
External policies
Administrative expenditure
Pre-accession aids
Conclusion
Bibliography
Extraits de la fiche
[...] (Commitments and payments must NOT be confused, Cf. Above). Heading 4 (external policies): Cf. Above. Commitments in food aid, co-operation with Asia, Latin countries, Mediterranean and Middle East countries are conversely reduced (except for the humanitarian aid). Heading 5 (administrative expenditure): transparent promotions policy and the changes implied must remain within reasonable limits, i.e in a view of a decreasing margin in this heading. Heading 6 (pre-accession aids): pre-accession instruments (i.e SAPARD, ISPA and PHARE programmes) face severe delays in implementation. [...]
[...] Conclusion: The EU budget underlines three key issues which should be addressed its present drawbacks. First of all, one can rightly question its size in the light of fiscal federalist principles and in the offing of next EU enlargement to the East. It can be asserted that the EU seemingly lack resources, should then the EU have additional own resources? Introducing greater budget equity between Member states is finally to be taken into account, as a Commission report pointed out in Financing the EU (1998) which explored options regarding the introduction of a new own resources and greater budget equity. [...]
[...] These two levies amount to 15% of the total resources, but are no longer sufficient providing the enlargement of the EU and lower customs tariffs. Maximum VAT rate reduced to and capped at 50% for cohesion states of the total resources). Topping up based on GNP of the total resources). Its revenue limited to of the EUs GNP with a necessary balanced budget each year. Can be also here mentioned taxes paid by European civil servants, fines deriving from breaches of competition rules, and above all the surplus carried over from the previous year. II- Current policies and priorities 2. [...]
