The EU has become cheaper for Austria

23.09.2009

The Austrian Minister of Finance may rejoice, Austria's net contribution to the EU was halved in 2008 compared to the same period to 215 million. 2007, the net contribution amounted to only 418 million euros. This amount results from the difference of what a country pays in Brussels, in the case of Austria, the 1.9928 billion euros last year and had the thing a country from the EU funding pots. Austria has received in the last year 1.7773 billion euros in subsidies.

When comparing the created on this basis "operating balance", then fell Austria's net contribution in 2008 from 563.2 million euros at least 356.4 million euros. Austria 2008, primarily due to increased returns from Brussels, especially for structural support for the regions and projects become more competitive.

hma