EU Fact Sheets - The Union’s revenue - 26-05-2023
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The EU budget is financed in large part (over 90 %) from own resources. Annual revenue must completely cover annual expenditure. The system of own resources is decided by the Council on the basis of unanimity, having regard to the opinion of the European PaEU Fact Sheets - The Union’s revenue - 26-05-2023
The EU budget is financed in large part (over 90 %) from own resources. Annual revenue must completely cover annual expenditure. The system of own resources is decided by the Council on the basis of unanimity, having regard to the opinion of the European Parliament, and needs to be ratified by the Member States. Source : © European Union, 2023 - EP Read more