EU budget
E649519
The EU budget is the annual financial framework through which the European Union funds its common policies, programs, and administrative costs across member states.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| European Union budget | 1 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
European Union policy instrument
ⓘ
multiyear financial framework ⓘ supranational public budget ⓘ |
| appliesToJurisdiction |
EU member states
NERFINISHED
ⓘ
European Union NERFINISHED ⓘ |
| coversPeriod | seven-year Multiannual Financial Framework cycle ⓘ |
| funds |
Cohesion Policy
NERFINISHED
ⓘ
Common Agricultural Policy NERFINISHED ⓘ Connecting Europe Facility NERFINISHED ⓘ EU administrative expenditure ⓘ EU external action ⓘ Erasmus+ NERFINISHED ⓘ European Regional Development Fund NERFINISHED ⓘ European Social Fund Plus NERFINISHED ⓘ European Structural and Investment Funds NERFINISHED ⓘ Horizon Europe NERFINISHED ⓘ Just Transition Fund NERFINISHED ⓘ |
| hasBeneficiary |
EU institutions
NERFINISHED
ⓘ
EU member states NERFINISHED ⓘ EU programs and agencies NERFINISHED ⓘ |
| hasCurrency | euro ⓘ |
| hasLegalBasis | EU Own Resources Decision NERFINISHED ⓘ |
| hasMainRevenueSource | EU own resources NERFINISHED ⓘ |
| hasObjective |
financing EU common policies
ⓘ
supporting EU external policies ⓘ supporting economic, social and territorial cohesion ⓘ supporting sustainable growth and competitiveness ⓘ |
| hasOfficialName | Budget of the European Union NERFINISHED ⓘ |
| hasPart |
Multiannual Financial Framework
NERFINISHED
ⓘ
annual budget ⓘ |
| hasProcedure | annual budgetary procedure ⓘ |
| hasRevenueType |
GNI-based contributions
ⓘ
VAT-based contributions ⓘ customs duties ⓘ other revenues ⓘ |
| hasSpendingCeiling | around 1 percent of EU gross national income ⓘ |
| hasTimeHorizon | annual ⓘ |
| isAdoptedBy |
Council of the European Union
NERFINISHED
ⓘ
European Parliament NERFINISHED ⓘ |
| isAuditedBy | European Court of Auditors NERFINISHED ⓘ |
| isBasedOn | Treaty on the Functioning of the European Union NERFINISHED ⓘ |
| isCharacterizedBy |
cannot borrow for routine operating expenditure
ⓘ
must be balanced (no deficit financing) ⓘ |
| isManagedBy | European Commission NERFINISHED ⓘ |
| isOverseenBy |
Council Budget Committee
NERFINISHED
ⓘ
European Parliament Committee on Budgets NERFINISHED ⓘ |
| isPlannedBy | European Commission NERFINISHED ⓘ |
| isRegulatedBy | EU Financial Regulation NERFINISHED ⓘ |
| isSubjectTo | budgetary authority of European Parliament and Council ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.