Claeys, Gregory; McCaffrey, Conor; Welslau, Lennard - 2023
and additional funding for existing EU programmes under the EU budget. The interest costs associated with this part of the … debt lie with the EU budget. Our estimates suggest that, because of the high current and expected levels of interest rates …, because interest costs for the borrowing of the non-repayable support are accounted for under the EU budget's 'expenditure …