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Definition: GNP based fourth own resource
Category: ESA 1995
The "GNP based fourth own resource" created by the Council Decision of 24 June 1988 on the system of Communities' own resources is a current transfer paid by the general government of each Member State to the Institutions of the European Union. It is a residual contribution to the budget of those Institutions, which is assessed on the levels of GNP of each of the countries. http://ec.europa.eu/eurostat/product?code=CA-15-96-001&mode=view Council Decision of 24 June 1988 on the system of the Communities' own resources
Source:
Eurostat, "European System of Accounts - ESA 1995", Office for Official Publications of the European Communities, Luxembourg, 1996
Eurostat, "European System of Accounts - ESA 1995", Office for Official Publications of the European Communities, Luxembourg, 1996
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