Our study on the EU budget (commissioned by the European Commission on behalf of the High Level Group on Own Resources with Mario Monti as a chairman) is now available here.
This report, written by a pluridisciplinary team (Jorge Núñez Ferrer, Jacques Le Cacheux, Giacomo Benedetto, Mathieu Saunier, Claude Emonnot, Florence Lachet-Touya, Jorgen Mortensen, Aymeric Potteau, Igor Taranic and me) is divided into five parts:
Part I outlines the present status, what has changed over the last years and the need for a budget to enable the EU to face its present difficulties.
Part II looks at the challenges and opportunities for reforming the budget from a political and legal perspective.
Part III goes into detail about the potential elements of a reform, from an assessment of new resources to reforms connected with expenditure-side improvements.
Part IV presents a set of possible package deals and discusses their merit.
Part V discusses further wider issues concerning the role of the EU budget in relation with the Eurozone and additional considerations, such as the duration of the MFF.