Prospects for the EU Budget after 2020

Abstract

The article presents the official vision of the European Union budget reform planned after 2020, gives an overview of key results of allocations. The author explores the objectives of budget redistribution and identifies the emerging transformation in the budget income and expenditure.

Keywords

• eu budget
• budgetary reform
• redistribution
• budget funds
• donors-recipients
• cohesion
• financial conditionality