Theoretical and Applied Economics
No. 10 / 2012 (575)
EU budget reform in the context of the current economic crisis
“Constantin Brâncoveanu” University of Piteşti
Denisa PARPANDEL
“Constantin Brâncoveanu” University of Piteşti
Diana CODREANU
“Constantin Brâncoveanu” University of Piteşti
Abstract. The European Union regarded as an economic reenhancement force in Europe and in the world must fund the needs of 500 million citizens. To do that, it should possess an innovative budget adjusted to the new facts of globalization meant to meet present challenges and create various opportunities for the future.
In order to improve budgetary procedures, the need to reform the community bugdet has emerged, namely to change the way it is designed and spent. The manner of setting and distributing the community budget has been changed several times whenever the context in member states has demanded. Thus, European institutions concluded in 1988 interinstitutional agreements which have been covering budgetary process and budget allocation ever since. Agreements are concluded for several years and bear the name of “financial prospects”. Other two agreements have been made (during 2007-2013 and, respectively, 2014- 2020) in compliance with Delors I and Delors II Packages.
The present paper focuses on approaching the progress of budgetary indicators in the context of the multiannual financial framework where the European Union budget is set.
Contents
Use of fixed income products within a company's portfolio
An empiric approach of the FDI-taxation relationship in Romania
Public-private partnership role in increasing the quality of the health insurance services
The economic integration: concept and end of process
The long run relationship between foreign direct investments, exports, and gross domestic product: panel data implications
Spending Power and match attendance: is Romanian football a normal or an inferior good?
The readiness of employees for the future society. Case study
Transition to a green economy – a challenge and a solution for the world economy in multiple crisis context
A VAR analysis of the connection between FDI and economic growth in Romania
EU budget reform in the context of the current economic crisis
Technological innovation as a mean to increase economic competitiveness