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The Budget of the European Union - Opportunity or Burden for Romania?

Journal: Procedia of Economics and Business Administration (Vol.1, No. 1)

Publication Date:

Authors : ;

Page : 327-332

Keywords : multiannual financial framework; financial perspective; net financial flows; net beneficiary.;

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Abstract

This paper aims to structure a synoptic image of the expenditure at European Union level from the EU Budget by correlating with the financial flows between EU and Romania, in order to prove a false widespread public idea that Romania contributes to EU accounts with more money than it receives back. Hence, it concludes that Romania is a net beneficiary in relation to EU budget with a positive balance of approx. 15 billion euro by mid-2014.

Last modified: 2016-01-28 22:04:38