The study "Potential and Limitations of Reforming the Financing of the EU Budget" is now available on our website; it has been commissioned by the European Commission on behalf of the HLGOR.
This study places the EU budget in a modern context; it is divided into five parts:
Part I outlines the present status, what has changed over the last years and the need for a budget to enable the EU to face its present difficulties.
Part II looks at the challenges and opportunities for reforming the budget from a political and legal perspective.
Part III goes into detail about the potential elements of a reform, from an assessment of new resources to reforms connected with expenditure-side improvements.
Part IV presents a set of possible package deals and discusses their merit.
Part V discusses further wider issues concerning the role of the EU budget in relation with the Eurozone and additional considerations, such as the duration of the MFF.