Changing Perspectives How the EU Budget can Shape a Sustainable Future
Publisher: CEE Bankwatch Network
Volume: 52 pages, pdf
Description:
Protecting the environment and improving the quality of life for European citizens are integral aims and purposes for the European Union. Its policies and activities are mandated to be defined and implemented in line with environmental protection requirements1 . EU public spending should, therefore, be in accord with those policies and objectives. The Multiannual Financial Framework (hereafter called EU-Budget), although small in relation to the annual GDP2 of the EU, is an important financial source for European investments. Its impact on development in the EU and beyond has been significant, and therefore needs a new direction to ensure that it fits with the current challenges facing Europe.