ČR net EU funding beneficiary

CzechNews
30. 1. 2009 8:15
2008 was rather generous for the country in terms of EU funds
Foto: Evropská komise

Brno - Last year was rather generous for the Czech Republic in terms of the EU funds.

The country has "earned" by CZK 22.9 billion more than it put in. The Czech Republic delievered CZK 35.4 billion tothe EU and received CZK 58.3 billion.

Since its accession to the EU in 2004, it is the best result for Czechs, according to the Ministry of Finances. In 2007, the Czech Republic received around CZK 12 billion.

The biggest amount came from the EU Structural Funds and Cohesion Funds. Both types of funds are related - they are meant to support the poorer regions in Europe and integration of infrastructure, mainly in the transport sector.

From these funds the country was allocated CZK 41.9 billion, which makes up almost three quarters of the total funds the Czech Republic got from the EU in 2008.

The Common Agricultural Policy funds allocated to the Czech Republic amounted to CZK 14.6 billion.

 

 

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