Analysis of EU Budget Revenues through Fiscal and Budgetary Policy over the Period 2013-2018

Abstract

The European Union's budget is the document authorizing yearly financing all activities and community interventions and translates political guidelines and priorities in terms of resource constraints. Fiscal policy acts on economic growth and acceleration measures for recession economies. Negative effects can only be eliminated by harmonizing fiscal policies. Even if a current budget is lower than a previous budget, it should be more flexible. The main purpose of this paper is to analyze the evolution of the European Union budget. This analysis is important for the European economy, so for the Europeans because the more flexible the budget and the priority needs, but also the wishes of the people, the more they are satisfied and the migration rate will start to decrease.

Keywords

• budget
• fiscal policy
• budget policy
• revenues
• expenditures