Budžet EU i budžet Srbije - uticaj na proces pridruživanja Srbije Evropskoj uniji

Abstract

Our research is focused on identifying the European Union's budgetary policy and the fiscal rules that must be obeyed by the European Union (EU) member states in order to compare them with Serbia's fiscal policy. We want to see how the budget balance in the EU is being achieved, and to what extent Serbia follows the EU budget principles and how much support it receives from the Union on this path. The structure of revenues and expenditures of the EU budget and the budget of Serbia is also given. The first part of this paper discusses the changes in the budgetary policy of the EU, given that the global financial crisis has revealed significant weaknesses in the design and implementation of the existing economic governance in the EU, leading to the signature of the Fiscal Compact and creation of the European Stability Mechanism. The second part deals with elements and functions of the budget of Serbia and with fiscal responsibility. The Serbian budget is burdened with fiscal deficit and the accumulation of public debt. Serbia has introduced fiscal rules that are applied in the EU, but the same unfortunately have not been fully applied in Serbia. In the third part we examine the impact of the EU budget on Serbia's accession process through the Instrument for Pre-Accession Assistance (IPA), which European Union has allocated to the EU candidate countries, to help them reform and achieve European standards.