TENDENCY OF CHANGES IN EXPENDITURES FOR ENVIRONMENTAL PROTECTION IN THE EUROPEAN UNION.

The problem of protection of the natural environment has been underlined more and more frequently by the academic world and by politicians alike. The EU legislation is increasingly focused on environment-friendly activity. The private and the public sphere are equally obligated to protect the natural environment. Expenditures of the European Union for environmental protection are increased every year, which is associated with the development of numerous environment-friendly investment projects. [ABSTRACT FROM AUTHOR]