Table of Contents

Preface
1. The EU budget revenue system
EU revenue: A short history
What do ‘own resources’ actually mean?
To each its own
The price of unanimity
Who pays how much?
Concluding remarks
2. Simplicity, transparency, equity and democratic accountability
Four good reasons for change
The drawbacks of the 2011 Commission’s proposals
New VAT-based resource
Financial transaction tax
Correction mechanism
Reducing the burden on national budgets?
Two categories of revenue sources for the EU budget
Back to the past
Making an EU resource visible to citizens
Concluding remarks
3. EU expenditure: The other side of the same coin
The legitimacy of EU revenue
How much money for the EU budget?
Concluding remarks
References

About the Author

Gabriele Cipriani is an official of the European Court of Auditors.