The Next Revision of the Financial Regulation and the EU Budget Galaxy: How to safeguard and strengthen budgetary principles and parliamentary oversight

Giacomo Benedetto, Iain Begg, Daina Belicka, Francesco Corti, Jorge Nuñez Ferrer, Eulalia Rubio

Research output: Book/ReportCommissioned report

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Abstract

Over the last two decades, the combined effect of multiple crises and low Multi-Annual Financial Framework (MFF) ceilings has led to the emergence of a ‘galaxy’ of EU funds and instruments with variable participation of Member States and a diverse range of decision-making and accountability procedures. This study analyses the impacts on the EU governance and the ability of the European Parliament to fulfil its duties and considers that reforms are needed to ensure the EU budget and financial rules reflect the realities the EU faces.
Original languageEnglish
Place of PublicationBrussels
PublisherEuropean Parliament
Commissioning bodyEuropean Parliament
Number of pages77
Publication statusPublished - Mar 2022

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