Budget (Summaries of EU Legislation) 2018 The EU adopts an annual budget to cover spending on, for instance, poorer regions, infrastructure, R&D, agriculture and fisheries, as well as its administration costs. The budget represents around 1% of the wealth generated annually by member countries. 76% of budget spending is delegated to member countries. The rest goes to international or intergovernmental agencies, or is managed centrally by the EU. The...
Related Subjects
Law