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It's actually hard to find out just how much money is in the structural funds...
How much money is involved?
The ESF is one of the EU's four Structural Funds. Together, the four Funds are granting almost 195 billion EUR over the seven-year period 2000-2006 to projects across the EU. Through the ESF, the Commission is providing some 70 billion EUR over the 7 years. This is working alongside public and private funding within Member States to tackle the specific problems of each area of the EU.
The EU Budget in detail
The annual budget for 2006 amounts to 112 billions (1.01% of the Gross National Income (GNI) of the enlarged EU). The budget enables the EU to fund its activities, the programmes and projects within the various policies through a yearly budgetary procedure. Most of the EU revenue come from a GNI-based resource.
So, the structural funds are 25% of the EU budget.

I don't think Spain has anything as neatly packaged and named as "structural funds", so I don't know where to start looking for the answer to your question. The CIA world factbook has some figures:

GDP (Official exchange rate) $1.081 trillion (2006 est.)
  • revenues: $488.2 billion
  • expenditures: $475.3 billion; including capital expenditures of $12.8 billion (2006 est.)
So Spain's government budget was about 45% of Spain's GDP.

"It's the statue, man, The Statue."
by Carrie (migeru at eurotrib dot com) on Wed Jan 31st, 2007 at 05:20:21 PM EST
[ Parent ]
Spain does have a couple of bombastically-names concepts: "interterritorial solidarity" (enshrined in the constitution) and "fiscal corresponsibility" (informal). As Autonomous Communities do not have the power to raise their own taxes (with the possible exceptions of Navarra and the Basque Country) this is tied to the "funding of Autonomous Communities". The same debates about which member states are net donors or recipients of EU funds occur between Spanish Autonomous Communities.

This link, for instance, claims that in 1997 133 billion pesetas (€800M at the 1999 exchange rate) were disbursed by the "Interterritorial Compensation Fund". This is not even 1% of Spain's government budget today.

"It's the statue, man, The Statue."

by Carrie (migeru at eurotrib dot com) on Thu Feb 1st, 2007 at 04:35:51 AM EST
[ Parent ]
Under the 'interinstitutional agreement' (pdf) on the financial framework for 2007-2013, the structural funds will make up 308 billion euros out of a total budget of 864 billion euros, which is 35-36% of the budget.

Although the structural funds are the only funds that have redistribution as their main objective, some other EU funds also have a redistributive effect through their spending. Still, because the EU's budget is so small the measure of redistribution it achieves is around 4 times less than that of the US' federal budget. (I'll have the details on that later). Given that the US federal budget is 17-18 times as big, this is no mean feat, but I don't know if it's enough to keep a monetary union together.

by nanne (zwaerdenmaecker@gmail.com) on Fri Feb 2nd, 2007 at 05:39:15 AM EST
[ Parent ]


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