Let’s wipe the stereotype!
Does the European Union cost too much?
The European budget is modest: it represents about 155 billions of euros per year, which is less than the annual national budget of several Member States (the one in Belgium for instance was about 155 billions of euros in 2016). This means that each Member States participate at a level of 1% of its GDP. It is also estimated that every European citizen contributes to about 85 cents of euros every day to the EU budget.
The budget of the European Union provides an economy of scale, namely: it is this budget that allows the European Union to finance large projects a Member State alone could not develop by itself. For instance, the Juncker plan, which plans to invest 500 billions of euros in the digital field and the energy transition, is helping the development of these sectors but also aims at creating about 1,3 billions of work until 2018.
The European budget allows the European Union to act for more than half a billion of European citizens in the 28 Member States.