Columbia International Affairs Online: Policy Briefs

CIAO DATE: 09/2012

Money and power: EU budget negotiations in a time of austerity

Sara Hagemann

May 2012

Danish Institute for International Studies

Abstract

An ambitious EU budget could be a powerful political tool for signaling economic growth policies for the EU. But the national governments tend to focus on their own narrowly defined interests and only leave little room for considerations of the wider EU common good.