eu finance

"EU finance" generally refers to the financial systems, budget, and funding mechanisms of the European Union (EU). It encompasses how the EU raises revenue (mainly through contributions from member states, customs duties, and a portion of value-added tax), how it manages its budget, and how it allocates spending to various policy areas such as regional development, agriculture, research, and external relations. It can also refer more broadly to financial regulation and supervision within the EU, including the oversight of banking, capital markets, and financial stability initiatives led by EU institutions.