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"Enlargement, spending policies and the EU budget"

Abstract

This paper examines the political aspects of the EU's budget and enlargement process, using frequently asked questions as guidelines, in order to see the effects of the EU's enlargement on its budget. It looks at the costs (both political and economic) of enlargement. It studies the procedures and philosophies involved in establishing the budget. Then the paper examines the EU's budget and its sources of revenue and expenditure commitments. Further, it looks at the Common Agricultural Policy (CAP) and its place in the overall budget structure. We especially focus on budgetary changes to the CAP, because it is the largest single expense and one of the EU's first "common policies." Finally, the paper presents more historical and poetical analysis along with some concluding remarks

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