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Structure of the budget of the European Union and the budgetary procedure

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  1. Main conflicts in Africa resulted from the fragility of states following the decolonization process and re-appropriating modes of administrations of former colonial powers
    1. The new states were unable to regulate the tensions inherent due to the presence of many ethnic and religious disparities
  2. The fragility of the state was born as a result of structural inability to exercise its sovereignty and control territory
    1. Resources were the coveted constants that states failed to master
    2. The failure of the state space opened to the presence of many destabilizing transnational actors in pursuit for interests
  3. Conflicts in Africa have also exacerbated by geopolitical and strategic stakes of the great powers in Africa seeking to maximize their power
    1. Africa was a breeding ground for indirect confrontation of the great powers
    2. The post-Cold War saw the emergence of new types of low intensity conflicts
  4. Conclusion

The Treaties of Brussels on 8 April 1965 in Luxembourg and on 22 April, 1970, ended the existence of five Budgets in favor of a single budget. The budget of the European Union represents the statement of revenue and expenditure for the financial year in progress. The EU budget is limited to 1% of EU GDP. The EU itself does not levy any tax.

The revenue of the Union mainly consists of own resources which are added to miscellaneous income. The mechanism of own resources was introduced on April 21, 1970. There are four such tax revenue scollected and made available to the Commission by Member States.

According to Article 203 of the TEC, the phase of budget preparation falls within the jurisdiction of the European Commission, while the voting phase is the responsibility of the European Parliament and Council of Ministers. The budget must then be implemented by the Commission under the control of Parliament.

Tags: Treaty of Brussels, EU Budget, EU tax revenues

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