Commission staff working paper. Financing the EU budget: Report on the operation of the own resources system. Accompanying the document Proposal for a Council Decision on the system of own resources of the European Union.

Abstract

In the EU Budget Review adopted on 19 October 20101, the Commission decided to submit proposals regarding the future financing of the EU budget by the end of June 2011. This communication mentioned seven criteria to assess possible new own resources, as well as an explicit list of financing means, which could be possible candidates for new own resources to gradually displace part of the current GNI-based own resource. This Annex identifies the particular characteristics and the advantages and disadvantages of potential new own resources using, primarily, the assessment criteria put forward in the Budget Review communication. It focuses on the potential candidates mentioned in the Budget Review, trying to envisage the main possible variants for any given option. Other candidates not identified in the Budget Review have also been briefly reviewed. However, no additional promising candidate was discovered.