The EU budget is unique. Unlike national budgets which are used in large part for providing public services and funding social security systems, the EU budget is primarily an investment budget. It provides a longer-term planning horizon and stability, which is a prerequisite for investment...

The current Financial Regulation applies since 1 January 2013. The legal basis for this Report on Budgetary and Financial Management is Article 142, which stipulates that each institution and body shall prepare a report on budgetary and financial management for the financial year. The present...

The 'EU Budget Focused on Results' conference took place in Brussels on 22 September as the first in a series of annual events. The conference, organised by Vice-President Kristalina Georgieva, launched the "EU Budget Focused on Results" strategy initiative which paves the way for joined-up...