Investment in education is a priority area within the context of Europe 2020 – the EU's growth strategy for the current decade. Investing in education, training and lifelong learning supports the development of human capital to enhance employability and, in particular, tackle and prevent youth u...
The Member States' structure of revenue is stable over time and their sources of revenue are diversified. Moreover, the size of the Member States' budget is generally increasing. Conversely, the financing structure of the European Union has changed over time and the sources of revenue are not di...
This report analyses the persistently high current account surpluses in several EU Member States. in particular, the report discusses whether the large surpluses have been optimal from the perspective of the surplus countries, explores the links between surpluses and deficits in the euro area an...
The study assesses the budget discharge procedures in ten EU Member States and one Third Country (Canada), in order to identify good practices to help the European Parliament to enhance its own budget discharge procedure. The focus is on the effectiveness of the national budget discharge procedu...
In the European Union (EU-27), the compilation of government revenue and expenditure data is well established by reference to the European System of Accounts (ESA95). This publication focuses on the developments in annual data in the context of the economic and financial crisis, examining the fi...
We review the determinants of the discretionary fiscal policy action of governments in the euro area and in other advanced economies during the past 20 years. This is done by estimating fiscal reaction functions using dynamic panel techniques and country-by-country estimates. The results suggest...
This report assesses whether the Commission’s post-crisis action to strengthen the EU Member States’ budgetary frameworks achieved the intended results. The EU’s legislative action provided impetus; however, the legal framework leaves room for improvement and the Commission has so far only limit...