Publication

This study presents an overview of the impact of the main investment tools of the EU budget on EU policy objectives, including economic growth. It particularly focuses on the increasing role of the EU's financial instruments, which are fundamentally changing the budget’s nature and reach. Through these instruments, the authors suggest, the EU can invest more efficiently in more areas and mobilize a multiple of funds. They also say that the EU budget has the potential to influence the European economy much more than its modest size in terms of GDP may suggest.