Last year, the Czech Republic received 61.2 billion crowns more from the EU budget than it paid into it

Coins with the value of one euro are on the flag of the European Union.

Prague – Last year, the Czech Republic received 61.2 billion crowns more from the European Union budget than it spent. Of the total amount of the so-called net position, 10.3 billion crowns are income from the European plan to support the recovery of NextGeneration EU (NGEU). The Ministry of Finance informed about this today. The year before last, the Czechia received, including money from the recovery plan, 88.4 billion crowns.

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In total, since joining the EU in May 2004, the Czech Republic paid 809.8 billion crowns into the EU budget and received 1.82 trillion crowns from it until the end of 2022. Since joining the EU, the total net position of the Czech Republic amounts to 1.01 trillion crowns. Including income from NGEU, the net position is 1.05 trillion crowns.

“Already in the first half of last year, we crossed the symbolic threshold of one trillion crowns, which we received in addition to our levies since our entry into the EU. We continue to be net recipients of European money,” said Finance Minister Zbyněk Stanjura (ODS) in a press release. “In addition to the financial advantage of our membership in the EU, last year during our presidency, the cohesion of the union was confirmed during the energy crisis and by demonstrating common solidarity with Ukraine during the ongoing Russian aggression,” he added.

According to the Ministry of Finance, the continued positive net position of the Czech Republic vis-à-vis the EU is mainly due to funds obtained from structural funds and the cohesion fund, which last year totaled 83 billion crowns. As part of the common agricultural policy, 29.6 billion crowns flowed from the EU budget to the Czech Republic. In addition to income from the EU budget, last year the Czechia also received additional funds for rural development and to support the cohesion of the NGEU in the amount of 10.3 billion crowns.

Development of the so-called net position (differences between income from the EU and contributions to it) in the Czech Republic:

< td>2.0

< td>15.2

< td>42.3

< td>30.8

< td>84.8

< td>150

*incl. income from the European NextGeneration EU Recovery Plan (NGEU)

Source: Ministry of Finance