European business

Résumé du document

What is the role and purpose of the EU budget? The EU budget is dictated by the European Parliament. For the year 2009 the EU budget was133.8 billion. It was an increase of 2.5 percent in comparison with the 2008 budget. he EU budget aims to lead its policies. The members states want to create a more democratic, efficient, effective and responsible public administration in the Community. The main role and purpose of the EU budget is the redistribution of wealth between the Member States. This role is crucial to help maintain and stabilise those Members States that may have financial difficulties or having sudden natural disasters such as floods, fires or storms. It represents the principle solidarity amongst the EU Member States.

Identify the main priorities of budgetary spending. How has this evolved over the years? The mains priorities of budgetary spending are: griculture (Common Agricultural Policy {CAP}); which absorbs 41.4 percent of the budget and the Structural Funds, which absorbs 33 percent. Together, these two main priorities account for three quarters of the total spending of the European Union.

Extraits

[...] Together, these two main priorities account for three quarters of the total spending of the European Union. This has evolved over the last years with agricultural funds being in decline. It is still the biggest consumer of the total budget. However, this percentage is in decline. So more money is available to be allocated elsewhere. The total budget decrease is 10 percent of the European Union funds between 2006 and 2013. The structural funds which are concerned with cross border, transnational, and interregional cooperation have doubled. (From 13.1 percent in 2006 to 33 percent in 2007). [...]

[...] Therefore, Parliament is not a decision-making power structure, and its main role is the single approbation of the EU budget. The reform of the EU budget generates several negative repercussions, especially in France and Germany, because the CAP means that they receive the least financial reward yet they make a significant contribution to the EU budget. We must avoid: want our money Margaret Thatcher, because we are in the EU full of comprises. These farmers have not hesitated to empty gallons of milk in front of the entrance of the supermarkets in protest against these inequalities of redistribution. [...]

[...] Therefore the EU products will be more expensive and exportations less profitable. This means that the EU will become dependent on other countries and lose its share in the market. It is good to remember that European's exportations of food represent 20 percent of total exportations in the world market. Member States want a quicker return on investments but without upfront investment it is impossible. Then in the same survey mentioned in question three, it was shown that the European citizens wanted 23 percent of the EU budget to be spent on the environment, whereas the EU spends only 12 percent in this area. [...]

[...] The EU budget is dictated by the European Parliament. For the year 2009 the EU budget was 133.8 billion. It was an increase of 2.5 percent in comparison with the 2008 budget. The EU budget aims to lead its policies. The members states want to create a more democratic, efficient, effective and responsible public administration in the Community. The main role and purpose of the EU budget is the redistribution of wealth between the Member States. This role is crucial to help maintain and stabilise those Members States that may have financial difficulties or having sudden natural disasters such as floods, fires or storms. [...]

[...] There are several reasons why the EU budget may be considered to be unfair or inappropriate. Firstly it does not reflect the wishes and desire of the Europeans citizens who want and hope for many changes in the EU budget. A survey was carried out to investigate the opinion of the 1 citizens regarding the EU budget. The results of the survey should that these citizens wanted an increase from 24 percent to 38 percent of the EU budget to be spent on economic growth, and an increase from 12 to 36 percent of the EU budget should be spent between employment and social affairs. [...]