The EU budget is an important tool which contributes to achieving the stated objectives of the European Union, through multi-established priorities, which are included in the budget as EU expenditures. Expenses policies for 2007-2013 are subject to achieve the objectives stated by the Lisbon strategy for competitiveness and sustainable growth, create new jobs, but also gives important and new policy guidelines such as freedom, security and justice. Priorities set at European level and funded by the EU budget, in whole or in part, are taken and implemented in each member countries, as contained in national and local budgets, as appropriate. Need for reform of the EU budget is derived from the importance of targeting expenditure towards the correct direction. This review or reform of the budget should consider the most accurate identification of future priorities in the spending, achieving an assessment of what provides the greatest value and most effective results. Also not to be overlooked any necessary funding policies. The challenge is to develop a budget to be able to anticipate future problems in a world where the only constant is change; could identify areas that do not need European funding, and new priorities requiring new resources.
