The European Union Budget: Financing Options for Member States

BOSTAN, Ionel (2024): The European Union Budget: Financing Options for Member States.

Abstract

The work "The European Union Budget: Financing Options for Member States" (by: Brenda-Andreea Piuaru, Bucharest: Universitara, 2024) examines the European Union’s financial mechanism, starting from the theoretical foundations of public finance. The author provides a clear perspective on the integrated functioning of national and EU budgets, placing particular emphasis on modern methods of budget planning and execution. Importantly, the book analyzes the main financial components of the 2014–2020 and 2021–2027 periods, as well as the NextGenerationEU program, structured as follows: (i) The major funds of the 2014–2020 Multiannual Financial Framework (including the ERDF, ESF, Cohesion Fund, and others); (ii) Initiatives from the 2021–2027 Multiannual Financial Framework (such as the Just Transition Fund and ESF+); (iii) Recovery instruments under the NextGenerationEU framework.

We consider this work a valuable resource for understanding the core instruments involved in the post-pandemic economic recovery process. It offers a comprehensive perspective on investment opportunities that contribute to strengthening the shared future of the European Union and its member states.

• Item Type: MPRA Paper
• Language: English
• Keywords: EU Budget; contributions/benefits of Member States; methods for budget formation; financing options; NextGenerationEU
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation; H - Public Economics > H3 - Fiscal Policies and Behavior of Economic Agents; H - Public Economics > H5 - National Government Expenditures and Related Policies > H53 - Government Expenditures and Welfare Programs; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development

References

[1]. Ion, Ș., Țurcaş, I.; Piuaru, B.A.M.; Tescaşiu, B. (2023). The Role of Romanian Startup Hubs–A Bridge between a Business Idea and the Reality of the Economic Sector. In: Proceedings of the International Conference on Business Excellence, Vol. 17, No. 1, pp. 800-811.

[2]. Musa, B.A. (2023). Communication as an Influencing Factor for the Absorption Rate of European Funds in Romania. Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences, 29-38.

[3]. Piuaru, B.A.M.; Tescaşiu, B. (2022). Innovation in communication in the European funding process. In: Proceedings of the International Conference on Business Excellence, Vol. 16, No. 1, pp. 610-620.

[4]. Piuaru, B.A. (2024). Bugetul Uniunii Europene. Optiuni de finantare pentru statele membre. Bucharest: Universitara Publishing. https://www.editurauniversitara.ro/stiinte-economice-3/bugetul-uniunii-europene-optiuni-de-finantare-pentru-statele-membre.html

[5]. Tofan, M.; Bostan, I. (2022). Some Implications of the Development of E-Commerce on EU Tax Regulations. Laws 11: 13.

[6]. Bostan, I.; Moroşan, A.A.; Hapenciuc, C.V.; Stanciu, P.; Condratov, I. (2022). Are Structural Funds a Real Solution for Regional Development in the European Union? A Study on the Northeast Region of Romania. J. Risk Financial Manag. 15 (6), 232, 8.

[7]. Bostan, P.; Asaloș, N; Bostan, I. (2022). Funding Public Health Action Programs: Allocations, Budget Execution and Post-Audit Results at the Level of the First Pandemic Year. “Ovidius” University Annals, Economic Sciences Series 21(1), pp. 793-802.

[8]. Bostan, I. (2014). Juridical tools of Governmental nature used to mitigate various difficulties of the Financial and Budgetary System. Annals of the Alexandru Ioan Cuza University-Economics 61 (2), 133-148.

[9]. Bostan, I.; Costuleanu, C.; Horomnea, E.; Costuleanu, M. (2011). Morality, ethics and true image in business accounting. Theoretical and Applied Economics 6(6), 47.

[10]. Bostan, I. (2010). Drept bugetar european. Iași: Tipo Moldova.

[11]. Bostan, I. (2010). Impactul sistemului financiar-fiscal asupra derulării schimburilor comerciale internaţionale. Iaşi: Tipo Moldova.

[12]. Bostan, I. (2005). Guidelines in the Audit of Risk Assessment. In Vol. Conference "Probleme actuale ale situaţiei social-economice". Chişinău, Republic of Moldova, organized by the Economic Sciences Faculty, p. 215 (State University).

[13]. Bostan, I.; Radu, P. (2003). Controlul financiar şi auditul intern la instituţiile publice. Iaşi: Sedcom Libris.