The financing of the European Union
The European Union is a unique and exceptional organisation in many respects. Its financial system, whose rules and structure are very different from those of national budgetary law, has changed a great deal and is still changing. The most significant changes include:
— The unification of budgetary instruments. Initially, each Community had its own budget or budgets (administrative and operating). These have now been replaced by a single budget, the general budget of the European Union.