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Slovakia got €6.75 billion more than it paid to EU

SINCE its accession to the European Union, Slovakia has been in a position of a so-called clear recipient: the country’s income from the EU has so far always exceeded its payments to the common budget. This stems from the Evaluation Report on 10 Years of EU membership, which the cabinet passed at its April 30 session.

SINCE its accession to the European Union, Slovakia has been in a position of a so-called clear recipient: the country’s income from the EU has so far always exceeded its payments to the common budget. This stems from the Evaluation Report on 10 Years of EU membership, which the cabinet passed at its April 30 session.

Since 2004 until the end of 2013 Slovakia received €12.86 billion from the EU. The country in turn contributed €6.11 billion to the common EU budget. Slovakia thus received €6.75 billion from the EU, the SITA newswire cited the report.

Slovakia joined the EU in the course of an ongoing financial framework that was set for 2000-2006. In the years 2004-2006 Slovakia used €1.9 billion from EU resources for financing development projects. During the same time, Slovakia paid approximately €1.3 billion to the EU budget.

During the 2007-2013 financial framework Slovakia’s position of a clear recipient became even more evident, SITA reported.

“Slovakia in this period used the biggest volume of financial resources through the cohesion policy (the support of less developed member states and regions of the EU),” SITA cited from the report, adding that these resources were mainly used for the development of road and railway infrastructure and environmental protection projects.

Almost 80 percent of all public investments in Slovakia is financed from the EU budget, the report reads.

Source: SITA

Compiled by Michaela Terenzani from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

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