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The basic principles of the EU budget

Publication at Faculty of Mathematics and Physics, Faculty of Law |
2011

Abstract

The existence of own budget is a necessary condition to the European Union was able to perform specifik tasks and ensure the functioning of its institutions. Unlike the budgets of the Member States, however shows some specific features, resulting from the nature of the European Union as an international group of states, characterized by specific features that modify the budgetary principles compared budgetary principles applied to budgetary principles of Member States'' budgets.

The budget law of the European Union based on their basic general principles, which provide a Financial management framework. These principles are generally accepted rules for the preparation, development and management of the budget of the European Union