The Impact of the European Union Budget on the Public Policies

Abstract

The paper tries to obtain an answer to the impact of the European budget on the present and future development. The historical evolution of the European budget followed the evolution of the European integration.
The growth of the socio-economic complexity across Europe was reflected into the community budget. As a result, we analysed the components of the budget in their dynamics. A distinct part of the paper is focused on the 2007-2013 financial procedure and on the new elements of the European budget, according to the present challenges for the EU.