
New EU ‘own resources’ needed for new challenges
The EU budget is too small and too based on member-state contributions, fostering a short-sighted mentality.
Author profile

Margit Schratzenstaller is senior economist at WIFO, the Austrian Institute of Economic Research, and has been working in the research group 'Macroeconomics and European Economic Policy' since 2003. Her areas of expertise include (European) tax and budget policy, the EU budget, tax competition and harmonisation, family policy and gender budgeting.

The EU budget is too small and too based on member-state contributions, fostering a short-sighted mentality.

The growing challenges facing Europe, beyond recovery from the pandemic, require a budget to match.