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The EU Annual Budgetary Procedure: The Existing Rules and Proposed Reforms of the Convention and Intergovernmental Conference 2002–04

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  • GIACOMO BENEDETTO
  • BJORN HOYLAND

Abstract

This article analyses the proposed reform of the annual budgetary procedure of the European Union (EU) during the 2002–04 Convention and Intergovernmental Conference (IGC). We offer two findings. First, the European Parliament already has the power to reduce agricultural and fisheries spending subject to support from a blocking minority in the Council. Hence, a reduction of the Union's spending on agriculture and other areas of compulsory expenditure is not dependent on a reform of the budgetary procedure. Second, the proposal from the Convention would have increased EP budgetary powers while the procedure adopted by the IGC strengthens the hand of the Council, removing Parliament's right to overrule it. In constitutional bargaining, we see that Parliament gains in a deliberative forum where unanimity is not required, while it loses in a closed IGC.

Suggested Citation

  • Giacomo Benedetto & Bjorn Hoyland, 2007. "The EU Annual Budgetary Procedure: The Existing Rules and Proposed Reforms of the Convention and Intergovernmental Conference 2002–04," Journal of Common Market Studies, Wiley Blackwell, vol. 45(3), pages 565-587, September.
    • Handle: RePEc:bla:jcmkts:v:45:y:2007:i:3:p:565-587
    DOI: 10.1111/j.1468-5965.2007.00727.x
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    Cited by:

    1. Valerio Leone Sciabolazza, 2022. "Bargaining within the Council of the European Union: An Empirical Study on the Allocation of Funds of the European Budget," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 8(2), pages 227-258, July.
    2. Christophe Crombez & Bjoern Høyland, 2015. "The budgetary procedure in the European Union and the implications of the Treaty of Lisbon," European Union Politics, , vol. 16(1), pages 67-89, March.
    3. Giacomo Benedetto, 2017. "Institutions and the route to reform of the European Union’s budget revenue, 1970–2017," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 44(4), pages 615-633, November.
    4. Paolo Pasimeni & Stéphanie Riso, 2019. "Redistribution and stabilisation through the EU budget," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(1), pages 111-138, April.

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