293 KB0 KB201020252024Veselinovič, Draškoštevilka:1letnik:15Str. 20-38ISSN:1855-931XCOBISSID_HOST:197914883URN:URN:NBN:SI:doc-F42696X6enGEA CollegeAdvances in business related scientific research journalEU bondsEU budgetgreen bondsGreen bonds, borrowing and other important (revolutionary) novelties of the European Union budget for the period from 2021 till 2027|The EU budget 2021 - 2027 stands at 1,824.3 billion euros. It has two parts: Next Generation EU (750 billion euros) and Multiannual Financial Framework (1,074.3 billion euros). The EU already issues different debt instruments to finance more than 40% of its budget (750 billion euros). Onethird of this borrowing (250 billion euros) will be funded through the EU's Next Generation Green Bonds. We prove that issuing new short- and longterm EU debt instruments has become an important source and novelty for the EU budget. We also demonstrate that many other important, even ‘revolutionary’ novelties are connected to the EU budget 2021 – 2027. We explore all these novelties in a very systematic way that represents original contributions to financial research. We systematically researched the EU green bonds for the first time. We also explore some green bonds’ characteristics and requirements to prove that the EU green bonds are a very financially and strategically important novelty for the EU 2021 - 2027 budgetTEXTznanstveno časopisjejournalsSlovenian National E-content AggregatorNational and University Library of SloveniaGEA College