IN SHORT

Slovakia's EU membership pays off

ACCORDING to the 2004 EU budget report, Slovakia received €387.8 million from the EU budget and paid in €219.6 million. The country's therefore achieved a net plus of €168.2 million, the TASR news agency reported.

Slovakia received most of its funding (€118.3 million) as part of its pre-accession projects. Projects within the structural funds and the Cohesion Fund took €116.1 million; and agriculture and rural development totalled €41.1 million.

Slovakia, along with other new EU members, also received compensation for its EU membership fee worth €70 million from the EU budget.

Of the ten new EU members, Poland netted the highest amount of funding from the EU in 2004, a total €1.4 billion. The report shows that all 10 new members received more financial resources from the EU budget than they contributed.

Get daily Slovak news directly to your inbox

Top stories

News digest: Lockdown not out of the question, PM Matovič says

The overview of news from Wednesday, October 21, 2020.

PM Igor Matovič says lockdown is still in play.

A curfew for those who refuse testing? Lawyers and president have doubts

The government risks the Constitutional Court canceling the nationwide testing.

Illustrative stock photo

The cabinet approves plan for permanent kurzarbeit

The new fund is expected to be introduced from 2022.

Labour Minister Milan Krajniak