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Budget as defined in the EU treaties

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Treaty on the Functioning of the EU

This treaty sets out the:

  1. general principles governing budget procedures (and the principle of budgetary discipline) (Article 310)
  2. principle of funding the budget from own resources (Article 311)
  3. multiannual financial framework – annual expenditure ceilings for at least 5 years (Article 312)
  4. schedule for the financial year (Articles 313 – 316)
  5. procedures for budget implementation and control, and confers the necessary powers (Articles 317 – 319).

See here articles 310 – 324 in the Treaty on the Functioning of the EU

Treaty on European Union

Largely addresses the budget for funding the EU's common foreign and security policy.

EU Treaty

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