UDC 341.217.04(4-672EU):336.69
Biblid: 0543-3657, 65 (2014)
Vol. 65, No 1153-1154, pp. 179-190
DOI:

Original scientific paper
Received: 25 Mar 2014
Accepted: 25 Apr 2014

WHAT IS THE ROLE OF THE EUROPEAN PARLIAMENT IN THE EU BUDGET POLICY?

Grčić Dubravka (Doktorantkinja na Fakultetu političkih nauka u Beogradu), dudagrcic@yahoo.com

At the time when the question of survival of the European Union is often raised, either due to the inborn anomalies or those which have appeared in its political system and inter-institutional relations, we will draw attention to an important policy which reflects the strengthening of the European Parliament. In this article, we deal with the role the European Parliament plays in a very important EU policy, the budget policy. After a brief review of the development of this policy and powers that the European Parliament has gained in the process of adoption, implementation and control of the budget, we will analyse its current position in this policy according to the current Treaty on European Union and the Treaty on the Functioning of the European Union, known as the Treaty of Lisbon. In this article, we will argue that the European Parliament has significantly strengthened its institutional position and that, in the future, the Parliament will show all its strength and build its power through the budget policy. Also, in this article some other questions will be opened such as what is still missing for the European Parliament to complete its role in the budget policy.

Keywords: European Union, European Parliament, budget, multiannual financial framework, inter-institutional bargaining